MONEY AND BANKING
Quiz
•
Other
•
12th Grade
•
Medium
anuradha singh
Used 66+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which among the following is considered to be the most liquid asset?
Gold
Money
Land
Treasury bond
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The number of times a unit of money exchanges hands during a unit period of time is known as:
velocity of circulation of money
momentum of circulation of money
count of circulation of money
circulation of money
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Currency notes and coins are called as:
FLAT MONEY
FIAT MONEY
LEGAL TENDER MONEY
BOTH 2 AND 3
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Direct exchange of goods against goods is called:
CHARTER
MONEY
BARTER
NONE OF THESE
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What are the advantages of Barter System ?
Simple System
More Mutual Co-operation
No Economic Disparities
All the above
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which one is included in the primary function of money ?
Medium of Exchange
Measure of Value
Both of the above
Store of value
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
By supply of money we mean :
Money deposited in bank
Money available with the public
Deposits with post office savings bank
All of these
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