Chapter- 3 Money and Credit MCQ
Welcome to the series of Multiple Choice Question(s) for the chapters of Understanding Economic Development.
Here we will be giving you the best selected questions which may be asked in the upcoming Board Exams!
Let’s start the game! Tighten your belt.
HAPPY LEARNING!
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Question 1 of 14
1. Question
Which system has been replaced by Money as a medium of exchange?
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Question 2 of 14
2. Question
Barter System means:
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Question 3 of 14
3. Question
Name the system in which the double coincidence of wants is an essential feature?
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Question 4 of 14
4. Question
Which of the following does not come under modern forms of money?
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Question 5 of 14
5. Question
Which one of the the following is widely accepted in India?
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Question 6 of 14
6. Question
Which of the following institutions is authorised to issue currency in India?
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Question 7 of 14
7. Question
Which one of the following is the umportant characteristic of modern form of currency?
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Question 8 of 14
8. Question
There is a ristriction for withdrawing money in a :
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Question 9 of 14
9. Question
The full form of ATM is:
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Question 10 of 14
10. Question
How much of bank deposits is kept by the commercial for their day to day transcations?
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Question 11 of 14
11. Question
Interest payment will be higher on a home loan on account of:
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Question 12 of 14
12. Question
Credit creation is controlled by:
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Question 13 of 14
13. Question
Reserve Bank of India was nationalised on?
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Question 14 of 14
14. Question
The Reserve bank of India grants loan to?
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