Money and Value of Money Test 01 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Money and Value of Money Test 01 Mcqs Preparation Online 1. Rupee is a coin?A. ConvertibleB. Credit money C. Token money D. Full value Loading... 2. If no money is used to exchange goods, it is called?A. Black market B. Free tradeC. Barter D. Currency Loading... 3. In Pakistan money of account is?A. DollarB. Paisa C. Gold D. Rupee Loading... 4. Money material should be?A. Scarce B. Beautiful C. Abundant D. Heavy Loading... 5. Which is not the function of money?A. Measure of valueB. Medium of exchange C. Make demand and supply equal D. Store of value Loading... 6. Legal money is called so because?A. The buyer must pay in that money B. Sellers do not accept any other money C. Can be converted into gold D. It is official medium of exchange Loading... 7. Which is money?A. Credit card B. Prize bondC. Currency D. Check Loading... 8. Barter has the defect?A. Goods cannot be exchanged for services B. Lack of common measure of value C. None of the aboveD. Goods exchanged are of inferior quality Loading... 9. Convertible money means?A. It can buy goods B. Govt. can give gold against it C. Illegal money D. Low value money Loading... 10. Cash cannot be directly drawn from a bank against?A. Traveller chequeB. Order cheque C. Bearer cheque D. Cross cheque Loading... Loading... Related NTS Results Post:Viruses MCQs Test 02 Preparation OnlineBiology Mcqs Test 10 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 13 Online PreparationViruses MCQs Test 03 Preparation OnlineViruses MCQs Test 01 Preparation OnlineBiology Mcqs Test 08 Online Preparation
