Question # 1

Quantity of oney has relation with alue of money

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Direct

Indirect

Inverse

No relation

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

If no money is used to exchange goods it is called.

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Barter

Currency

Black Market

Free Trade

Speculative demand for money depends upon

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Income

Investment

Rate of Interest

Central bank

This is NOT money

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Currency

Prize Bond

Demand deposit oin a bank

Coins

It is the medium of exchange

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Black money

Currency

Near money

Foreign exchange

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

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

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

Cheque is

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Legal Money

Credit money

Paper money

Not money

In the equation MV =PY represents

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Money supply

Money Demand

Maximum output

Minimum Optput

This is a characteristic of good money

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High intrinsic value

Liquidity

Attractive design

Easy to duplicate

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

Ten Rupee note is

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Token money

Creadit money

Legal Money

a and c of above

Rupee is a coin

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Full value

Token money

Credite money

Convertible

Commercial Bank create

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Credit money

Token money

Legal Money

Do not create money

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