Chapter 9 MONEY MCQs

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1. . Direct exchange of goods against goods is called





2. . It exists in barter system:





3. . Difficulties of barter system were removed by





4. . In barter system there was problem of





5. . It is used to measure national income.





6. . Every country tries to maintain foreign exchange reserves.





7. . Money made economic activities





8. . Before invention of money, needs were met with exchange of





9. . It has made the tax collection easy for Govt.





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