1. .1 Which of the following is near to money?
(A) Bill of exchange
(B) Bonds
(C) Cheque
(D) All
2. .2 Direct exchange of goods against goods is called:
(A) Charter
(B) Money
(C) Barter
(D) None
3. .3 It exists in barter system:
(A) Happiness
(B) Interest
(C) Difficulty
(D) All
4. .4 Difficulties of barter system were removed by:
(A) Govt.
(B) Bank
(C) Money
(D) All
5. .5 In barter system there was problem of:
(A) Storage
(B) Division
(C) Both a & b
(D) None
6. .6 It is used to measure national income:
(A) Money
(B) Barter
(C) Metals
(D) Coins
7. .7 Every country tries to maintain foreign exchange reserves:
(A) Constant
(B) Maximum
(C) Minimum
(D) Both b & c
8. .8 Money made economic activities:
(A) Vast
(B) Speedy
(C) Both a & b
(D) None
9. .9 Before invention of money, needs were met with exchange of:
(A) Slaves
(B) Animals
(C) Gold
(D) All
10. .10 It has made the tax collection easy for Govt.:
(A) Money
(B) Barter
(C) Gold
(D) Wealth