Question 1

It is included in kinds of money:

Accepted Answer

A) Legal money 
B) Credit money 
C) Token money 
D) All of the above 
A) Legal money 
B) Credit money 
C) Token money 
D) All of the above

Question 2

This is NOT money

Accepted Answer

A) Currency 
B) Prize bond 
C) Demand deposit in a bank 
D) Coins 
A) Currency 
B) Prize bond 
C) Demand deposit in a bank 
D) Coins

Question 3

In the equation MV = PY, M represents:

Accepted Answer

A) Money supply 
B) Money demand 
C) Maximum output 
D) Minimum output 
A) Money supply 
B) Money demand 
C) Maximum output 
D) Minimum output

Question 4

which of the following is true for Cross cheque?

Accepted Answer

A) Is issued only by a business firm 
B) Is not accepted by banks 
C) Ensures immediate payment of cash to the holder 
D) None of the above 
A) Is issued only by a business firm 
B) Is not accepted by banks 
C) Ensures immediate payment of cash to the holder 
D) None of the above

Question 5

It implements monetary policy of the country:

Accepted Answer

A) Central bank 
B) Commercial banks 
C) Specialized bank 
D) Finance department 
A) Central bank 
B) Commercial banks 
C) Specialized bank 
D) Finance department

It is included in kinds of money:

This is NOT money

In the equation MV = PY, M represents:

which of the following is true for Cross cheque?

It implements monetary policy of the country:

Economics : Macroeconomics, Factors, Goods, and Indicators

Understanding National Income, GDP, and Economic Sectors in India

National Income and Final Goods

Money and Inflation

Macroeconomic Concepts and Theories

Economics and Public Finance

Understanding Public Finance and Business Cycles

Filters

Exam 4: Money and Monetary Policy: Understanding the Characteristics and Functions of Currency and Government Securities

It is included in kinds of money:

This is NOT money

In the equation MV = PY, M represents:

which of the following is true for Cross cheque?

It implements monetary policy of the country:

Economics : Macroeconomics, Factors, Goods, and Indicators

Understanding National Income, GDP, and Economic Sectors in India

National Income and Final Goods

Money and Inflation

Macroeconomic Concepts and Theories

Economics and Public Finance

Understanding Public Finance and Business Cycles

Filters