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. Which is money?A. Currency B. Check C. Credit card D. Prize bond Loading... 2. Cash cannot be directly drawn from a bank against?A. Traveller chequeB. Order cheque C. Cross cheque D. Bearer cheque Loading... 3. Barter has the defect?A. None of the aboveB. Goods exchanged are of inferior quality C. Goods cannot be exchanged for services D. Lack of common measure of value Loading... 4. Convertible money means?A. It can buy goods B. Low value moneyC. Illegal money D. Govt. can give gold against it Loading... 5. Money material should be?A. Beautiful B. Abundant C. HeavyD. Scarce Loading... 6. Rupee is a coin?A. ConvertibleB. Credit money C. Token money D. Full value Loading... 7. In Pakistan money of account is?A. Paisa B. Gold C. Rupee D. Dollar Loading... 8. Which is not the function of money?A. Medium of exchange B. Make demand and supply equal C. Measure of valueD. Store of value Loading... 9. If no money is used to exchange goods, it is called?A. Black market B. Barter C. Currency D. Free trade Loading... 10. 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... Loading... Related NTS Results Post:Money 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 7 Mcqs Online PreparationMoney and Value of Money Test 6 Mcqs Online PreparationMoney and Value of Money Test 03 Mcqs Preparation OnlineMoney and Value of Money Test 02 Mcqs Preparation OnlineMoney Banking and International Trade Test 6 Mcqs…
