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