Money as a Medium of Exchange
Money as a Medium of Exchange: Overview
This topic covers concepts, such as, Barter System, Money as a Medium of Exchange, Double Coincidence of Wants, Evolution of Money, Demand Deposit, Indian Currency, Loan Activities of Bank, Income of Bank, Deposit Activities of Bank & Cheque etc.
Important Questions on Money as a Medium of Exchange
In a barter system goods are directly exchanged without the use of
Who signs the one rupee note in India?
The longest serving Governor of the RBI is
At present which form of money is increasingly used apart from paper money?
Main Function of money is -
Which one is accepted as money in modern economy?
Which among the following is considered to be most liquid assets?
The concept of currency stock includes
The money is deposited for a fixed period of time in this account:
Which of the following functions of money are associated or based upon its usage in the future?
I. Measure of Value
II. Store of Value
III. Standard of deferred payments
IV. Transfer of Value
Choose the correct option from the given codes.
What was the system of exchange of goods for goods called?
Which of the following are the features of money?
Name the system in which the double coincidence of wants is an essential feature?
Which of the following is not associated with the barter system of exchange?
What amount of deposits are to be kept by commercial banks?
Between which parties does the bank act as a mediator?
Which of the following facility does the bank offer to the public?
Double Coincidence of Wants is an important feature of which system?
Who controls the monetary policy of our country?
What was used as a medium of exchange before the introduction of coins?
