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प्रश्न
Money is ______.
विकल्प
acceptable only when it has intrinsic value
constant in purchasing power
the most liquid of all assets
needed for the allocation of resources
उत्तर
Money is the most liquid of all assets.
APPEARS IN
संबंधित प्रश्न
Choose the correct option:
Arrange in the order of evolution of money
- Metallic money
- Animal money
- Metallic coins
- Commodity money
Choose the correct option:
Arrange in the order of evolution of money
- Plastic money
- Paper money
- Electronic money
- Credit money
Complete the correlation
Barter system : Goods :: Modern economy :________
Suggest an economic term for the given statement:
The act of exchanging goods for goods - _________
Suggest an economic term for the given statement:
Provision for making payments in future- ________
Suggest an economic term for the given statement:
A system that makes use of currency for facilitating payments - _________
State with reason whether you Agree or Disagree with the following statement:
There are many good qualities founds in modern currency.
The paper currency system is managed by the ______.
The debit card is an example of ______.
What is barter?
What is commodity money?
What is the gold standard?
What is plastic money? Give example.
Write a note on metallic money.
Explain the functions of money.
Explain why the purchasing power of money falls when the price level rises.
