WorksheetsMoney And Credit
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
In the ________ system, people exchanged services and goods for other services and goods in return.
a)
Mahalwari
b)
Weinstein
c)
Barter
d)
Jacobin
2.
In an economy where money is in use, the need for double coincidence, or barter system, is ________.
a)
increased
b)
decreased
c)
eliminated
d)
created
3.
Money is a medium of ________.
a)
transport
b)
exchange
c)
education
d)
expression
4.
The use of money makes it _________ to exchange things.
a)
easier
b)
harder
c)
slower
d)
None of the above
5.
The currency of India is called the _________.
a)
Hindustani Rupee
b)
Indian Rupee
c)
Bharatiya Rupee
d)
Indo Rupee
6.
Ancient forms of money include _____________.
a)
Grains
b)
Cattle
c)
Metallic coins
d)
All of the above
7.
Modern forms of currency include ________.
a)
Paper notes
b)
Coins
c)
Cattle
d)
Notes and coins
8.
Currency in India is issued by the ________.
a)
State Bank of India
b)
Bank of Baroda
c)
Reserve Bank of India
d)
State Bank of Delhi
9.
Deposits in bank accounts are also called ________.
a)
Withdraw deposits
b)
Demand deposits
c)
Cash deposits
d)
Cheque deposits
10.
The modern forms of money include __________.
a)
Precious metals
b)
Currency
c)
Deposits
d)
Deposits and Currency
100 %
