Money MCQs – Chapter 9 DAE 10 min Score: 0 Attempted: 0/10 Subscribe 1. Which of the following is near to money: (A) Bill of exchange (B) Cheque (C) Bonds (D) allShow All Answers 2. Direct exchange of goods against goods is called (A) Barter (B) Money (C) Charter (D) noneShow All Answers 3. It exists in barter system: (A) Happiness (B) Interest (C) all (D) DifficultyShow All Answers 4. Difficulties of barter system were removed by (A) Money (B) Bank (C) Govt. (D) allShow All Answers 5. In barter system there was problem of (A) Storage (B) Division (C) a & b (D) noneShow All Answers 6. It is used to measure national income. (A) Metals (B) Barter (C) Money (D) CoinsShow All Answers 7. Every country tries to maintain foreign exchange reserves. (A) Constant (B) Minimum (C) Maximum (D) b & cShow All Answers 8. Money made economic activities (A) Vast (B) a & b (C) Speedy (D) noneShow All Answers 9. Before invention of money, needs were met with exchange of (A) all (B) Animals (C) Gold (D) SlavesShow All Answers 10. It has made the tax collection easy for Govt. (A) Barter (B) Money (C) Gold (D) WealthShow All Answers