| 1 |
Money Material should be |
- A. Abundant
- B. Scarce
- C. Beautiful
- D. Heavy
|
| 2 |
If no money is used to exchange goods it is called. |
- A. Barter
- B. Currency
- C. Black Market
- D. Free Trade
|
| 3 |
It is the medium of exchange |
- A. Black money
- B. Currency
- C. Near money
- D. Foreign exchange
|
| 4 |
Government securities. |
- A. MeanCurrency
- B. Are near money
- C. Are bought and sold on stock exchange market
- D. B and C of above
|
| 5 |
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
|
| 6 |
Convert money means. |
- A. It can buy goods
- B. Govt. give gold against
- C. Illegal money
- D. Low value money
|
| 7 |
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
|
| 8 |
In the equation MV =PY represents |
- A. Money supply
- B. Money Demand
- C. Maximum output
- D. Minimum Optput
|
| 9 |
Speculative demand for money depends upon |
- A. Income
- B. Investment
- C. Rate of Interest
- D. Central bank
|
| 10 |
It is included in kind of money |
- A. Legal money
- B. Credit money
- C. Taken money
- D. All of the above
|
