Money and Value of Money Test 05 Mcqs Preparation Online Leave a Comment / Economics / By Shani Malik Money and Value of Money Test 05 Mcqs Preparation Online 1. Paper money in Pakistan is?A. Inconvertible B. None of the aboveC. Convertible D. Linked to gold Loading... 2. Barter means?A. Trade of very low value goods B. Trade of goods only excluding services C. Trade without use of moneyD. Trade through metallic money only Loading... 3. This is a characteristic of good money?A. Attractive design B. High purchasing powerC. General acceptability D. High intrinsic value Loading... 4. This is a characteristic of good money?A. Liquidity B. High intrinsic value C. Attractive design D. Easy to duplicate Loading... 5. With reference to currency system of a country token money means?A. The money which has no purchasing power B. The money which has higher face value C. Advance payment to purchase somethingD. Token tax Loading... 6. Cross cheque?A. Is not accepted by banks B. None of the aboveC. Is issued only by a business firm D. Ensures immediate payment of cash to the holder Loading... 7. Ten-rupee note is?A. Legal money B. (a) and (c) of aboveC. Token money D. Credit money Loading... 8. This is NOT money?A. Currency B. Demand deposit in a bank C. CoinsD. Prize bond Loading... 9. Government securities?A. Are near money B. Are bought and sold on stock exchange market C. Mean currency D. (b) and (c) of above Loading... 10. Which is the characteristic of a good money?A. Is readily accepted by peopleB. Has high value C. Has a fixed value in gold D. Has good design 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
