मराठी
महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Fill in the Blank with Appropriate Alternatives Given Below in the Case of __________ Coins, Intrinsic Value is Less than Their Face Value. - Economics

Advertisements
Advertisements

प्रश्न

Fill in the blank with appropriate alternatives given below

In the case of __________ coins, intrinsic value is less than their face value. 

पर्याय

  • token

  • full bodied

  • representative

  • standard

MCQ

उत्तर

In case of token coins, intrinsic value is less than their face value. 

Explanation:

Intrinsic value of token coins refers to the value of the metal which a token coin is made of. On the other hand, face value is the value which is mentioned on the coin. Since token coins are made up of cheap metals, in case of token coins, the intrinsic value is less than their face value.

shaalaa.com
Meaning of Money
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 11: Money - Exercise 1 [पृष्ठ १०१]

APPEARS IN

मायकल वाझ Economics [English] 12 Standard HSC
पाठ 11 Money
Exercise 1 | Q 1.2 | पृष्ठ १०१

संबंधित प्रश्‍न

Money performs various functions.


Method of withdrawing money without going to the bank is by ...................................

(cheque \ demand draft \ ATM \ mail transfer)


A bank is an institution which deals in money and credit.


The book ‘The General Theory of Employment, Interest and Money’ was written by __________
[Marshall/ Keynes / Smith/ Ricardo]

Write Short Note.

Qualities of good money


Distinguish between 
Full bodied money and token coins 


Define or explain following concept: 

Double coincidence of wants


Define or explain following concept: 

Money 


Define or explain following concept: 

 Near money 


Define or explain following concept: 

Limited legal tender 


State whether the following statement is true or false. 

Metallic coins are easily portable than paper notes. 


State whether the following statement is true or false.

Token coins are coins whose face value is greater than their intrinsic value. 


State whether the following statement is true or false.

Money increases productivity of capital. 


Match the following: 

Group A Group B
1. Near Money a. Sea Shells
2. Secondary function of money b. Double coincidence of wants
3. Commodity Money  c. Fiat money
4. Barter  d. Measure of value
5. Legal tender e. Bills of exchange  
  f. Standard of deferred payments
  g. Metallic money

Fill in the blank with appropriate alternatives given below

The most liquid asset is __________. 


Fill in the blank with appropriate alternatives given below

Introduction of __________ removed difficulties of barter. 


Answer the following question.
Define money. Lists its components.


John Maynard Keynes published his celebrated book The General Theory of Employment, Interest, and Money in ______


The broad definition of money is based on ______


If the amount of LRR is 20% and the initial deposit is ₹1000 crores, then it will create the total amount of money in the economy equal to ______


Identify the correctly matched pair of the items in  Column A to that of Column B.

Column A Column B
1 Money Supply (a) Total stock in circulation
2 Money Creation (b) Function of Central Bank
3 Money Stock (c) Function of the Commercial Bank
4 Money Demand (d) Money in the Banks

Supply of money refers to ______


With reference to money, which one of the following statements is correct?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×