| 1 |
The most importnat fature of money |
- A. General acceptability
- B. Store of value
- C. Covertibility into gold
- D. Medium of exchange
|
| 2 |
Barter means. |
- A. Trade through metallic money only
- B. Trade of goods ony excluding services
- C. Trade without use of money
- D. Trade of low value goods only
|
| 3 |
Which is the charactertistic of good money |
- A. Has good design
- B. Has high value
- C. Has a fixed value in gold
- D. Is readily accepted by people
|
| 4 |
Money Material should be |
- A. Abundant
- B. Scarce
- C. Beautiful
- D. Heavy
|
| 5 |
This is a characeristics of good money |
- A. High intricnsic value
- B. General acceptability
- C. Atractive design
- D. Easy of duplicate
|
| 6 |
Convert money means. |
- A. It can buy goods
- B. Govt. give gold against
- C. Illegal money
- D. Low value money
|
| 7 |
It is included in kind of money |
- A. Legal money
- B. Credit money
- C. Taken money
- D. All of the above
|
| 8 |
If no money is used to exchange goods it is called. |
- A. Barter
- B. Currency
- C. Black Market
- D. Free Trade
|
| 9 |
In the equation MV =Py. V represents |
- A. Value of money
- B. Velocity of circulation of money
- C. Variation of nation income
- D. All of the above
|
| 10 |
Ten Rupee note is |
- A. Token money
- B. Creadit money
- C. Legal Money
- D. a and c of above
|
