Economics Money and Value of Money Test 01 Mcqs Preparation Online 0 Money and Value of Money Test 01 Mcqs Preparation Online 1. Barter has the defect?A. None of the aboveB. Goods exchanged are of inferior quality C. Lack of common measure of value D. Goods cannot be exchanged for services Loading... 2. Which is money?A. Prize bondB. Currency C. Credit card D. Check Loading... 3. Which is not the function of money?A. Make demand and supply equal B. Measure of valueC. Medium of exchange D. Store of value Loading... 4. Convertible money means?A. Govt. can give gold against it B. It can buy goods C. Illegal money D. Low value money Loading... 5. In Pakistan money of account is?A. Gold B. Paisa C. Rupee D. Dollar Loading... 6. Rupee is a coin?A. Full value B. Credit money C. Token money D. Convertible Loading... 7. Money material should be?A. Beautiful B. HeavyC. Abundant D. Scarce Loading... 8. Legal money is called so because?A. The buyer must pay in that money B. It is official medium of exchangeC. Can be converted into gold D. Sellers do not accept any other money Loading... 9. If no money is used to exchange goods, it is called?A. Currency B. Free tradeC. Black market D. Barter Loading... 10. Cash cannot be directly drawn from a bank against?A. Bearer cheque B. Cross cheque C. Traveller chequeD. Order cheque Loading... Loading... Related PostsMoney and Value of Money Test 6 Mcqs Online PreparationMoney and Value of Money Test 7 Mcqs Online PreparationMoney and Value of Money Test 8 Mcqs Online PreparationMoney and Value of Money Test 05 Mcqs Preparation OnlineMoney and Value of Money Test 04 Mcqs Preparation OnlineMoney and Value of Money Test 03 Mcqs Preparation OnlineMoney and Value of Money Test 02 Mcqs Preparation OnlineMoney Banking and International Trade Test 1 Mcqs…Money Banking and International Trade Test 2 Mcqs…Money Banking and International Trade Test 3 Mcqs… Continue Reading Previous Money and Value of Money Test 02 Mcqs Preparation OnlineNext Market and Revenue Curves Test 01 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ