evolution of money

Metallic money stage has been divided in three stages which are cheap metal, precious metal and ?

• Gold

• Coins

• silver

what is not characteristic of money ?

• Instability of value

• Transportability

• Storability

• Homogeneity

To exchange goods for other things rather than for money

• Conduct

• Barter

• Transact

• Abstract

Which of the following is not a medium of exchange?

• Easily standardized

• Divisible

• Quickly become less valuable

• Widely rejected

What form of currency is globally used?

• Commodity money

• Metallic monney

• paper money

• Electonic money

Choose the correct order of the evolution stages of money:

• Commodity- Metallic- Paper- Credit- Electronic

• Metallic- Commodity- Paper- Electronic- Credit

• Commodity- Metallic- Electronic- Paper- Credit

Buying and selling things

• Precise

• Consistent

• Transaction

• Fluctuate

Paper currency was introduced as a mode of....?

• Payment

• Exchange

• Borrowing

Which of the following is not a kind of electronic money?

• Bitcoin

• China coin

• Litecoin

• Netcoin

What is the main function of money

• Limitted supply

• measure of value

• Transfer of value

• Medium of exchange