EASY
Earn 100

Which of the following is true in the context of Money and its functions?
(a)It can act a standard of deferred payments.
(b)Money has coexisted with the Barter System
(c)Money can act as a store of value.
(d)Paper Money was invented before metallic money.

50% studentsanswered this correctly
Important Questions on Money and Banking
MEDIUM
Which of the following statements are not true?
I. Employment in the service sector has not increased to the same extent as production.
II. Workers in the tertiary sector produce goods.
III. The activities in the Primary, Secondary and Tertiary sectors are not interdependent.
IV. Most of the workers in the unorganised sector enjoy job security.
V. A large proportion of labourers in India are working in the unorganised sector.

MEDIUM

EASY

EASY

EASY

MEDIUM

EASY


MEDIUM

EASY
Explain the 'unit of account' function of money. How has it solved the related problem created by barter?

EASY
Explain the store of value function of money. How has it solved the related problem created by barter?
OR
Explain the significance of the store of value function of money.

EASY

HARD

EASY

MEDIUM

MEDIUM

EASY


MEDIUM

HARD

