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Money and Banking
- Online Test
Money and Banking
TEST : 4
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q1.
One of the functions of Central Bank among the following is
A.
Bank of securities
B.
Bank of foreign exchange
C.
Bank of issue
D.
Bank of delivery
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q2.
One of the functions of commercial l banks among the following is
A.
Accepting paper
B.
Accepting securities
C.
Accepting deposits
D.
Accepting coins
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q3.
An economy based on barter system is also called as
A.
B-B economy
B.
D-D economy
C.
M-M economy
D.
C-C economy
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q4.
One of the primary functions of money is
A.
Measure of value
B.
Store of value
C.
Store of wealth
D.
Standard of deferred payments
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q5.
One of the secondary functions of money is
A.
Medium of exchange
B.
Measure of value
C.
Store of wealth
D.
Standard of deferred payments
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q6.
Which one of the following is not a secondary function of money
A.
Standard of deferred payments
B.
Cant’ say
C.
Store of value
D.
Measure of value
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q7.
Which one of the following is not a secondary functions of money
A.
Cant’ say
B.
Store of value
C.
Medium of exchange
D.
Standard of deferred payments
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q8.
Which one of the following is not a primary functions of money
A.
Cant’ say
B.
Medium of exchange
C.
Store of value
D.
Measure of value
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q9.
The narrow definition of money is based on
A.
Medium of payment function
B.
Cant’ say
C.
Store of value function
D.
Transferability of money
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Money and Banking
# CBSE 12TH Economics
Prepare / Learn
Q10.
The broad definition of money is based on
A.
Transferability of money
B.
Cant’ say
C.
Store of value function
D.
Medium of payment function
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
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