B.Com 3rd Year Money and financial Online Test

27. Tertiary sector includes:

25. Finance mainly depends on the:

19. Which of the following is not an international institution?

69. None-legal tender money like cheques, bank drafts, hundies, bills of exchange, etc. are called:

68. Inconvertible paper money which circulates in the country, under extraordinary circumstances on the command of the State is called:

67. Concept of inside money was introduced by:

66. Which is the most convenient medium of exchange?

65. Money which is a source of many blessings to mankind, becomes also, unless we control it, a source of perils and confusion.” Who has given this view point?

64. As economy grows, the relative importance of credit money:

63. The qualities of a good money are:

62. Gresham law is applicable to:

61. The coins whose face value is more than intrinsic value termed as:

60. Optional money includes:

59. Legal Tender Money includes:

58. Fiat money is also termed as:

57. Paper money is an example of:

56. The money whose intrinsic value is not equal is its face value, is termed as:

55, Currency includes:

54. Quality of good money

53. Near money is….. than money:

52, In which of the following economic system sovereignty of the consumer become possible?

51. Which of the following is social evil of money?

50. Economic evil of money is:

49. “Money is a good servent but bad master,” this statement is given by:

48 “Lack of money is the root of all evils,” who said this?

47. Money plays a important role in:

46, In which economic system, money plays a vital role?

45. “Money is the Pivot around which the whole economic science clusters”, this statement is given by:

44. “Modern economic life which is founded on specialization would not be possible without money”, who remarked this?

43. “Money is a wrapper in which things come to you”, this statement is given by:

42. “Money is such a path which is used for transporting entire output of the district to the market, but which in itself produces nothing”, this statement is given by:

41. The……… are of the opionion that money plays a significant role in increasing the level of income and employment.

40. Who among the following did not attach much significance to the role of money?

39. Which of the following is dynamic function of money?

38. Which of the following is static function of money?

37. Who classified the functions of money into static and dynamic functions?

36. Which of the following is a contingent function of money?

35. Which of the following is not secondary function of money?

34. Primary functions of money includes:

33. With the use of currency:

32. Choose the incorrect statement: Asset demand for money is that it:

31, Which of the following would not be termed “Near Money”?

30. Wealth that has physical existence and is required either for its own sake or for its contribution to production is called:

29. Exchange bills, treasury bills, bonds, debentures are the examples of:

28. Promises by the government to pay a fixed sum of money at a prescribed date generally three months ahead, are called:

27. A Financial bill which does not arises in connection with genuine commercial transaction is called:

26. Some assets which are very much liquid though not as much as money itself is called:

25. Money performs its contingent functions normally in:

24. Consider the following: / Which of the above are contingent functions of money?

23. Consider the following: / Which of the above are the secondary functions of money?

22. Medium of exchange and measure of value, both are the constituents of:

21. Consider the following: / Which of the above are the essential qualities of a good money material?

20. Something which is freely used and generally accepted as: a medium of exchange and as a unit of account is called:

19. Which of the following is the function of money, according to Hartley Withers?

18. Which of the following is a function of money?

17. Money has been considered as primary invention of man, this statement is given by:

16. Medium of exchange is the following function of money:

15. Which of the following is not correct about money?

14. Which of the following is a characteristic of money?

13. According to Chicago Approach, money includes:

12. According to conventional approach, money includes:

11. “Anything that is generally acceptable as a means of exchange and as the same time as a measure and store of value”, this definition was given by:

10. “Money is one thing that have general acceptability”, this definition was given by:

9. “Money may be defined as the means of valuation and payment,” this definition was given by:

8. “Anything which is declared by the state as money becomes money”, this definition was given by:

7. “Money is what money does”, this definition was given by:

6. Theory of spontaneous growth of money was propounded by:

4. The term money has been derived from the Latin Word:

3. Which of the following is a demerit of barter system?

2. Meaning of Exchange is:

1. Direct exchange of one commodity for another is termed AS: