Top 50+ Solved Money MCQ Questions Answer

a. Acceptability

b. Divisibility

c. Durability

d. Portability

a. A measure of value

b. A medium of exchange

c. A standard for deferred payments

d. Store of value

a. Medium of exchange

b. Standard of deferred payments

c. Store of value

d. Unit of account

a. Central bank

b. Commercial banks

c. Specialized bank

d. Finance department

a. Acceptability

b. Divisibility

c. Durability

d. Portability

a. Fixed in value

b. Fixed in supply

c. Legal tender

d. Readily acceptable

a. Increase in credit facilities

b. Increase in taxation

c. Increase in personal incomes

d. Rising prices

a. Velocity of circulation of money

b. Easy availability of money

c. Ready acceptability of monetary asset

d. The monetary asset has lost it value

a. Trade through metallic money only

b. Trade of goods only excluding services

c. Trade of very low value goods

d. Trade without use of money

a. Mean currency

b. Are near money

c. Are bought and sold on stock exchange market

d. (b) and (c) of above

a. Has good design

b. Has high value

c. Has a fixed value in gold

d. Is readily accepted by people

a. Currency

b. Prize bond

c. Demand deposit in a bank

d. Coins

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. High intrinsic value

b. Liquidity

c. Attractive design

d. Easy to duplicate

a. High intrinsic value

b. General acceptability

c. Attractive design

d. High purchasing power