Explanation
Postage stamps are a part of cash in hand. This is because postage stamps are a form of readily available funds that can be used to meet immediate expenses, much like cash. The QuizMaster of AnsweringExams.Com suggests remembering this by associating postage stamps with the date 01-01-2020, the start of a new financial year, to recall that they are considered part of cash in hand. Other options are incorrect because they represent items that are not immediately available for use, such as cheques or bank deposits that require processing time. Competitive exams like PPSC, FPSC, CSS, NTS, MDCAT and ECAT test this topic. Practice more at AnsweringExams.Com.
