Question # 1

Money Material should be

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Abundant

Scarce

Beautiful

Heavy

The most importnat fature of money

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General acceptability

Store of value

Covertibility into gold

Medium of exchange

Cross cheque has tow lines drawn on

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Right side upper corner

Left side upper corner

Right side lower corner

In the Centre

Rupee is a coin

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Full value

Token money

Credite money

Convertible

It is included in kind of money

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Legal money

Credit money

Taken money

All of the above

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

In the equation MV =PY represents

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Money supply

Money Demand

Maximum output

Minimum Optput

According to Keynesmotives for holding money are.

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Two

Three

Four

Five

It can change money supply

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National Assembly

Supreme court

Government

State Bank

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

Commercial Bank create

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Credit money

Token money

Legal Money

Do not create money

Cash can NOT be directly drawn fro a bank against

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Cross Cheque

Order cheque

Bearer cheque

Traveller cheque

This is a characteristic of good money

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High intrinsic value

Liquidity

Attractive design

Easy to duplicate

It is the medium of exchange

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Black money

Currency

Near money

Foreign exchange

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