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- 1. Multiple Choice
Which function of money has removed the problem of double coincidence of wants?
measure of value
Transfer of value
Store of value
Medium of exchange
- 2. Multiple Choice
Which function of money is called assets function of money?
Medium of exchange
Store of value
Transfer of value
Measure of value
- 3. Multiple Choice
Global financial system has emerged because of which function of money?
Store of value
Measure of value
Transfer of value
Medium of exchange
- 4. Multiple Choice
The payments to be done in future is called
Deferred payments
Advance payments
Transfer payments
None of these
- 5. Multiple Choice
This function of money is also called accounting function of money.
Store of value
Measure of value
Transfer of value
Standard of deferred payments
- 6. Multiple Choice
In the evolution of money which came at first stage?
Paper currency
Metallic coins
Plastic money
Barter system
- 7. Multiple Choice
Money act as a store of value , measure of value , standard of deferred payment, transfer value because
It is generally acceptable
It requires less space
Its value is more or less stable
It has different designs
- 8. Multiple Choice
The primary functions of money are:-
Standard of deferred payment
Measure of value
Transfer of value
Medium of exchange
- 9. Multiple Choice
Under this system goods are exchanged for goods
Barter system
Monetary system
Financial system
None of these
- 10. Multiple Choice
Which of the following is secondary function of money?
Measure of value
Medium of exchange
Store of value
None of these
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