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प्रश्न
Match the following:
| Column I | Column II | ||
| A. | Currency | (i) | Something which is commonly used as medium of exchange |
| B. | Bank money | (ii) | Currency and demand deposits |
| C. | Money | (iii) | Bank demand deposits |
| D. | Modern form of money | (iv) | Paper notes + coins |
उत्तर
| Column I | Column II | ||
| A. | Currency | (iv) | Paper notes + coins |
| B. | Bank money | (iii) | Bank demand deposits |
| C. | Money | (i) | Something which is commonly used as medium of exchange |
| D. | Modern form of money | (ii) | Currency and demand deposits |
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संबंधित प्रश्न
Currency and ______ are two modern forms of money.
Who regulates money supply in India?
Money whose value as a commodity is equal to its face value is called:
Which of the following institutions is authorised to issue currency in India?
Which one of the following is not a modern form of money?
______ are termed as Legal Tender Money.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Bank money is legal tender money.
Reason (R): Cheques drawn on demand deposits can be refused by anyone as a mode of payment. Hence, demand deposits (i.e. bank money) are not legal tenders they are optional.
Why is money referred to as legal tender?
Distinguish between fiat money and bank money.
What is fiat money?
