मराठी

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below: Assertion (A): Demand deposits with Commercial banks cannot act as money. - Economic Applications

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प्रश्न

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Demand deposits with Commercial banks cannot act as money.

Reason (R): Bank money refers to bank demand deposits.

पर्याय

  • Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

  • Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

  • Assertion (A) is true but Reason (R) is false.

  • Assertion (A) is false but Reason (R) is true.

MCQ

उत्तर

Assertion (A) is false but Reason (R) is true.

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Types of Money
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Meaning and Functions of Money - QUESTIONS [पृष्ठ १८४]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 7 Meaning and Functions of Money
QUESTIONS | Q 4. | पृष्ठ १८४

संबंधित प्रश्‍न

Complete the correlation

Divisibility : Smaller denominations :: __________ Easy to carry from one place to another


Suggest an economic term for the given statement:

Credit instrument through which bank deposits are transferable - _________


Suggest an economic term for the given statement:

Monetary value stored and transferred electronically by means of computer hard drive or servers - _________


Suggest an economic term for the given statement:

Money not accounted for in the bank and not disclosed to the government -________


Identify and explain the concept from the given illustration:

Babanrao deposits his money in a nationalized bank.


Identify and explain the concept from the given illustrations:

To prevent misuse/fraudulent use of the national currency, a note ban is imposed on its use at certain times.


State with reason whether you agree or disagree with the following statement:

Money can be sent anywhere through electronic means.


Answer the following question on the basis of the following information:

Ganesh travelled to the mall by bus. He gave the conductor ₹ 10 coins for the ticket. He purchased many commodities from the mall.

At the billing counter, he gave his credit card for payment but the billing clerk informed him that only debit cards were accepted. Since Ganesh had forgotten his debit card at home, he offered to make payment in cash.

1) Identify the types of money used in the information.

2) Explain any two of them.


Distinguish between standard money and bank money.


Explain various stages in the evolution of money.


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