Money - 2

Following are the modes of electronic payment:

• Payment through mobile phone

• Payment through demand draft and cheque

• Payment through digital wallets

• Payment through net banking

Paper money: currency notes:: bank money:________

• Net banking

• Credit card

• Cheque and DD

• Paytm

Find odd word out

• Mobile phone

• Tablet

• Computer

• Debit card

The act of exchanging goods for goods.

• Monetary system

• Barter system

• Legal system

• Exchange System

The measure taken to control black money circulating in the economy is:

• Tax evasion

• Demonetization

• Delicensing

• High tax imposition

Find odd word out

• Store of value

• Measurement of National income

• basis of credit

• impart liquidity to wealth

System that makes use of currency for facilitating payments

• Monetary system

• Barter system

• Exchange System

• Legal system

Find odd word out

• Black money

• Corrupt money

• Tax evaded income

• Legal earning

Is the invention of money chronologically arranged- (Plastic money, paper money, electronic money, credit money)

• Yes

• No

Barter system: goods :: modern economy:___________

• Currency and coins

• Animals

• Metals

• Commodities