I.Com Part 1 Principles of Economics Chapter 12 International Trade Short Question Preparation


11th Class Principles of Economics
Chapter 12 International Trade Preparation

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11th Class Principles of Economics Chapter Wise Preparation

Online Short Questions For Chapter 12 "ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation "

Try The Short Questions For ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation

  • Total Questions10

  • Available Sets3

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Principles of Economics ( English Medium) - ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation

Question # 1

What is meant by credit money ?

  • Ans 1: It is acceptable as medium of exchange only an confidence. Credit money is the optional money in the form of cheques, drafts, credit cards and current account.
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Prepare Complete Set Wise Questions For Chapter 12 "ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation "

ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 1

Question # 1

What is meant by credit money ?

  • Ans 1: It is acceptable as medium of exchange only an confidence. Credit money is the optional money in the form of cheques, drafts, credit cards and current account.
Submit

ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 2

Question # 1

How many kinds are of legal tender money ?

  • Ans 1: It has two kinds:
    i. Limited legal tender money.
    ii. Unlimited legal tender money.
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ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 3

Question # 1

Write any four causes of inflation.

  • Ans 1: 1. Deficit financing or rise in supply of money.
    2. Increase in cost of production
    3. Govt. development expenditures.
    4. Devaluation.
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11th Class Principles of Economics Chapter 12 Preparation

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