| 1 |
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
|
| 2 |
Ten Rupee note is |
- A. Token money
- B. Creadit money
- C. Legal Money
- D. a and c of above
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| 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 |
This is a characeristics of good money |
- A. High intricnsic value
- B. General acceptability
- C. Atractive design
- D. Easy of duplicate
|
| 5 |
This is a characteristic of good money |
- A. High intrinsic value
- B. Liquidity
- C. Attractive design
- D. Easy to duplicate
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| 6 |
The most importnat fature of money |
- A. General acceptability
- B. Store of value
- C. Covertibility into gold
- D. Medium of exchange
|
| 7 |
This is a difficulty of barter |
- A. Lack of double coincidence of wants
- B. Diffculty to produce goods at larger scale
- C. Lack of divisiblility of many goods
- D. All of the above
|
| 8 |
Cash can NOT be directly drawn fro a bank against |
- A. Cross Cheque
- B. Order cheque
- C. Bearer cheque
- D. Traveller cheque
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| 9 |
Which is money |
- A. Cheque
- B. Credite card
- C. Currency
- D. Prize Bond
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| 10 |
Government securities. |
- A. MeanCurrency
- B. Are near money
- C. Are bought and sold on stock exchange market
- D. B and C of above
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