B.Com 3rd Year Money and financial Online Test

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MONEY AND FINANCIAL SYSTEM ONLINE TEST

 

  • CHAPTER  01 : Money: Definition, Functions and Importance
  • CHPATER 02 : Concept of Money Supply
  • CHAPTER 03 : Finance Meaning, Types and Importance
  • CHAPTER 04 : Financial System
  • CHAPTER 05 : Bank: Definition and Functions
  • CHAPTER 06 : Structure of Commercial Banking in India
  • CHAPTER 07 : Balance Sheet of
  • CHAPTER 08 : Regional Rural Banks
  • CHAPTER 09 : Co-operative Banking in India
  • CHAPTER  10 : Process of Credit Creation
  • CHAPTER  11 : Development Banks
  • CHAPTER 12 : Unregulated Credit Market in India
  • CHAPTER 13 : Reserve Bank of India
  • CHPATER 14 : Monetary Policy

Money and Financial System Chapter 1st = Money: Definition, Functions and Importance

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Money: Definition, Functions and Importance

Money: Definition, Functions and Importance

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27. Tertiary sector includes:

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25. Finance mainly depends on the:

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

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

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

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67. Concept of inside money was introduced by:

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66. Which is the most convenient medium of exchange?

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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?

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

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63. The qualities of a good money are:

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62. Gresham law is applicable to:

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

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60. Optional money includes:

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59. Legal Tender Money includes:

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58. Fiat money is also termed as:

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57. Paper money is an example of:

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

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55, Currency includes:

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54. Quality of good money

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53. Near money is….. than money:

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

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

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50. Economic evil of money is:

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

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

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47. Money plays a important role in:

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

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

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

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

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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:

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

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

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

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

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

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

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

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34. Primary functions of money includes:

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33. With the use of currency:

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

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

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

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

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

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

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

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25. Money performs its contingent functions normally in:

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

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

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

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

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

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

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

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

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

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

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

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13. According to Chicago Approach, money includes:

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12. According to conventional approach, money includes:

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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:

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

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

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

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

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

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

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

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2. Meaning of Exchange is:

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

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