Which does NOT represent a method of payment?
A) Cheque
B) Saving certificate
C) Currency note
D) Bill of exchange
Correct Answer:
Verified
Q11: This is a characteristic of good money:
A)High
Q12: This is a characteristic of good money:
A)High
Q13: It is a kind of money:
A)Credit money
B)Discredit
Q14: It is included in kinds of money:
A)Legal
Q15: Treasury Bill is a document used for:
A)A
Q17: Which is NOT a desirable characteristic of
Q18: According to Keynes people demand money for
Q19: Speculative demand for money depends upon:
A)Income
B)Investment
C)Rate of
Q20: If money supply in a country decrease:
A)Prices
Q21: In the equation MV = PY, V
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