Economics- money

Economics- money

10th Grade - Professional Development

6 Qs

quiz-placeholder

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Economics- money

Economics- money

Assessment

Quiz

Social Studies, Specialty

10th Grade - Professional Development

Practice Problem

Medium

Created by

Rivan Rivan

Used 13+ times

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the contingent function of money is

To act as medium of exchange

Store value

Transfer value

Calculation of national income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Standard of differed payment is a function of money that allows

For credit

Different methods of payment

Future payment of debts

Both "for credit" and "future payments of debts"

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the first form of money ?

Shells

Stones

Gold

Coins

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the standard of money of India called?

Dollar

Taka

Yen

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is paper money made of

Paper

Cotton

Plastic

Metal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is meant by liquidity of money

Transferability of money

Flow of money

Making of money

None of the above