Anything used as money must be:
A) Fixed in value
B) Fixed in supply
C) Legal tender
D) Readily acceptable
Correct Answer:
Verified
Q1: It implements monetary policy of the country:
A)Central
Q2: Which property paper money does NOT Possess?
A)Acceptability
B)Divisibility
C)Durability
D)Portability
Q4: What will promote savings?
A)Increase in credit facilities
B)Increase
Q5: Liquidity of a monetary asset means:
A)Velocity of
Q6: Barter means:
A)Trade through metallic money only
B)Trade of
Q7: Government securities:
A)Mean currency
B)Are near money
C)Are bought and
Q8: Which is the characteristic of a good
Q9: This is NOT money
A)Currency
B)Prize bond
C)Demand deposit in
Q10: which of the following is true for
Q11: This is a characteristic of good money:
A)High
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