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. Barter means?A. Trade of very low value goods B. Trade through metallic money only C. Trade of goods only excluding services D. Trade without use of money Loading... 2. Ten-rupee note is?A. Legal money B. Credit money C. (a) and (c) of aboveD. Token money Loading... 3. Paper money in Pakistan is?A. Linked to gold B. None of the aboveC. Inconvertible D. Convertible Loading... 4. This is a characteristic of good money?A. High intrinsic value B. General acceptability C. Attractive design D. High purchasing power Loading... 5. With reference to currency system of a country token money means?A. The money which has higher face value B. Token tax C. Advance payment to purchase somethingD. The money which has no purchasing power Loading... 6. Cross cheque?A. Ensures immediate payment of cash to the holder B. Is not accepted by banks C. None of the aboveD. Is issued only by a business firm Loading... 7. This is a characteristic of good money?A. Attractive design B. Easy to duplicateC. Liquidity D. High intrinsic value Loading... 8. This is NOT money?A. Prize bond B. CoinsC. Demand deposit in a bank D. Currency Loading... 9. Which is the characteristic of a good money?A. Has high value B. Has good design C. Is readily accepted by peopleD. Has a fixed value in gold Loading... 10. Government securities?A. (b) and (c) of aboveB. Are near money C. Mean currency D. Are bought and sold on stock exchange market Loading... Loading... Related NTS Results Post:Islamiat Mcqs Test 03 Online PreparationChemistry MCQs Test 05 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 07 Online PreparationIslamiat Mcqs Test 02 Online PreparationIslamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 06 Online Preparation
