Money and Value of Money Test 01 Mcqs Preparation Online Leave a Comment / Economics / By Shani Malik Money and Value of Money Test 01 Mcqs Preparation Online 1. Convertible money means?A. It can buy goods B. Low value moneyC. Illegal money D. Govt. can give gold against it Loading... 2. Legal money is called so because?A. Sellers do not accept any other money B. It is official medium of exchangeC. Can be converted into gold D. The buyer must pay in that money Loading... 3. In Pakistan money of account is?A. Rupee B. Gold C. Paisa D. Dollar Loading... 4. 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... 5. If no money is used to exchange goods, it is called?A. Currency B. Barter C. Free tradeD. Black market Loading... 6. Money material should be?A. HeavyB. Abundant C. Beautiful D. Scarce Loading... 7. Which is money?A. Credit card B. Currency C. Check D. Prize bond Loading... 8. Barter has the defect?A. Lack of common measure of value B. Goods cannot be exchanged for services C. None of the aboveD. Goods exchanged are of inferior quality Loading... 9. Cash cannot be directly drawn from a bank against?A. Cross cheque B. Traveller chequeC. Order cheque D. Bearer cheque Loading... 10. Rupee is a coin?A. Token money B. Credit money C. ConvertibleD. Full value Loading... Loading... Related NTS Results Post:Biology Mcqs Test 11 Online PreparationChemistry MCQs Test 07 Online PreparationBiology Mcqs Test 07 Online PreparationIslamiat Mcqs Test 01 Online PreparationIslamiat Mcqs Test 02 Online PreparationBiology Mcqs Test 15 Online PreparationBiology Mcqs Test 14 Online PreparationBiology Mcqs Test 12 Online Preparation
