Money and Value of Money Test 05 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Money and Value of Money Test 05 Mcqs Preparation Online 1. With reference to currency system of a country token money means?A. Token tax B. The money which has no purchasing power C. The money which has higher face value D. Advance payment to purchase something Loading... 2. Ten-rupee note is?A. Token money B. (a) and (c) of aboveC. Legal money D. Credit money Loading... 3. Paper money in Pakistan is?A. Linked to gold B. Inconvertible C. None of the aboveD. Convertible Loading... 4. This is NOT money?A. Demand deposit in a bank B. Currency C. Prize bond D. Coins Loading... 5. Cross cheque?A. Is issued only by a business firm B. Ensures immediate payment of cash to the holder C. None of the aboveD. Is not accepted by banks Loading... 6. This is a characteristic of good money?A. Attractive design B. High purchasing powerC. General acceptability D. High intrinsic value Loading... 7. This is a characteristic of good money?A. Liquidity B. High intrinsic value C. Attractive design D. Easy to duplicate Loading... 8. Barter means?A. Trade without use of moneyB. Trade of very low value goods C. Trade of goods only excluding services D. Trade through metallic money only Loading... 9. Which is the characteristic of a good money?A. Is readily accepted by peopleB. Has high value C. Has good design D. Has a fixed value in gold Loading... 10. Government securities?A. (b) and (c) of aboveB. Are near money C. Are bought and sold on stock exchange market D. Mean currency Loading... Loading... Related NTS Results Post:Money and Value of Money Test 8 Mcqs Online PreparationMoney 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 01 Mcqs Preparation OnlineMoney and Value of Money Test 02 Mcqs Preparation OnlineMoney Banking and International Trade Test 6 Mcqs…
