Money and Banking
Quiz
•
Other
•
9th - 12th Grade
•
Hard
Kshama Kulkarni
Used 28+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
people can trade in goods and services which feature of money does this describe?
unit of account
standard of deferred payments
medium of exchange
store of value
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
with money it is possible to buy goods on credit. which function of money it shows?
store of value
standard of deferred payments
unit of account
none of the above
3.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
which of the following is characteristic of good money?
durable
portable
changeable
homogeneous
4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Business is allowed to do transaction even if there is no sufficient balance in the bank account is called....
5.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
central bank can offer loan on minimal interest charged by central bank is called as....................
6.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
if person can turn his assets into cash quickly without loss is called
7.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
these are are pre-printed, fixed-amount cheques, designed to allow payments across currencies.
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