Question # 1

Convert money means.

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It can buy goods

Govt. give gold against

Illegal money

Low value money

Which is the charactertistic of good money

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Has good design

Has high value

Has a fixed value in gold

Is readily accepted by people

The most importnat fature of money

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General acceptability

Store of value

Covertibility into gold

Medium of exchange

Quantity of oney has relation with alue of money

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Direct

Indirect

Inverse

No relation

It can change money supply

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National Assembly

Supreme court

Government

State Bank

Cheque is

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Legal Money

Credit money

Paper money

Not money

It is included in kind of money

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Legal money

Credit money

Taken money

All of the above

Commercial Bank create

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Credit money

Token money

Legal Money

Do not create money

Rupee is a coin

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Full value

Token money

Credite money

Convertible

Which is not a Function of money

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Make demand and supply equal

Medium of exchange

Store of value

Meaasure of value

Barter means.

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Trade through metallic money only

Trade of goods ony excluding services

Trade without use of money

Trade of low value goods only

Ten Rupee note is

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Token money

Creadit money

Legal Money

a and c of above

This is NOT money

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Currency

Prize Bond

Demand deposit oin a bank

Coins

This is a difficulty of barter

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Lack of double coincidence of wants

Diffculty to produce goods at larger scale

Lack of divisiblility of many goods

All of the above

In the equation MV =Py. V represents

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Value of money

Velocity of circulation of money

Variation of nation income

All of the above

Government securities.

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MeanCurrency

Are near money

Are bought and sold on stock exchange market

B and C of above

In the equation MV =PY represents

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Money supply

Money Demand

Maximum output

Minimum Optput

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