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.
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Which system has been replaced by Money as a medium of exchange?CorrectIncorrect
Barter System means:CorrectIncorrect
Name the system in which the double coincidence of wants is an essential feature?CorrectIncorrect
Which of the following does not come under modern forms of money?CorrectIncorrect
Which one of the the following is widely accepted in India?CorrectIncorrect
Which of the following institutions is authorised to issue currency in India?CorrectIncorrect
Which one of the following is the umportant characteristic of modern form of currency?CorrectIncorrect
There is a ristriction for withdrawing money in a :CorrectIncorrect
The full form of ATM is:CorrectIncorrect
How much of bank deposits is kept by the commercial for their day to day transcations?CorrectIncorrect
Interest payment will be higher on a home loan on account of:CorrectIncorrect
Credit creation is controlled by:CorrectIncorrect
Reserve Bank of India was nationalised on?CorrectIncorrect
The Reserve bank of India grants loan to?CorrectIncorrect