Which of the following is not a capital asset for Mr. Rao who is employed in a public sector bank?

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Question:Which of the following is not a capital asset for Mr. Rao who is employed in a public sector bank?

1.Urban land

2. Agricultural land within 2 km from local limits of the municipality

3. Deposit certificate issued under Gold Monetization Scheme, 2015

4.Jewellery

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  1. Which of the following is not a capital asset for Mr. Rao who is employed in a public sector bank?
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