MCQ
Qualities of Money
(a) General Acceptability
(b) Durability
(c) Non-divisibility
(d) Portability
(a) General Acceptability
(b) Durability
(c) Non-divisibility
(d) Portability
- Aa, c, d
- Ba, b, c
- ✓a, b, d
- Db, c, d
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| Group ‘A’ | Group ‘B’ |
| 1. Near Money | Seashells |
| 2. Secondary function of money | Double coincidence of wants |
| 3. Commodity money | Bills of Exchange |
| 4. Barter System | Standard of deferred payments |
| 5. Legal tender | (e) Paper money |