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OnlineNext Market and Revenue Curves Test 01 Mcqs Preparation Online Leave a Reply Cancel replyYour email address will not be published.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