Money and Value of Money Test 03 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Money and Value of Money Test 03 Mcqs Preparation Online 1. Which property paper money does NOT Possess?A. PortabilityB. Durability C. Pcceptability D. Divisibility Loading... 2. What will promote savings?A. Increase in personal incomes B. Increase in credit facilities C. Increase in taxation D. Rising prices Loading... 3. Treasury Bill is a document used for?A. A short-term loan to the exporter B. A long-term loan to the government C. A short-term loan to a govt. employeeD. A short-term loan to the government Loading... 4. Which property the paper money does not possess?A. Acceptability B. PortabilityC. Duability D. Divisibility Loading... 5. Which is NOT a desirable characteristic of money?A. Portable B. Easily duplicatedC. Uniform D. Easily recognised Loading... 6. Which does NOT represent a method of payment?A. Currency note B. Cheque C. Saving certificate D. Bill of exchange Loading... 7. Anything used as money must be?A. Legal tender B. Readily acceptableC. Fixed in value D. Fixed in supply Loading... 8. A saving account in a bank represents the function of money?A. A medium of exchange B. Store of valueC. A measure of value D. A standard for deferred payments Loading... 9. A student records her income and spending for past month, she uses the funtion of money?A. Medium of exchange B. Store of value C. Standard of deferred paymentsD. Unit of account Loading... 10. It implements monetary policy of the country?A. Finance departmentB. Central bank C. Commercial banksD. Specialised bank Loading... Loading...
