CBSE  /  Class 12  /  Economics  /  Money and Banking

  • 1. 
    Which one is included in the secondary function of money?

  • To make Deferred Payments
  • Store of Value
  • Transfer of Value
  • All of these

  • 2. 
    “Money is a pivot around which the whole economy clusters.” Who said it?

  • Keynes
  • Robertson
  • Marshall
  • Hawtrey

  • 3. 
    The function of money is:

  • Medium of Exchange
  • Measure of Value
  • Store of Value
  • All the above

  • 4. 
    The functions of money include:

  • Value determination
  • Store of value
  • Means of exchange
  • All of these

  • 5. 
    Money is a matter which is:

  • a measure of value
  • accepted as a means of exchange
  • used to store wealth
  • All of these

  • 6. 
    By supply of money we mean :

  • Money deposited in the bank
  • Money available with the public
  • Deposits with post office savings bank
  • All of these

  • 7. 
    Which of the following is not a function of money?

  • Medium of exchange
  • Price stability
  • Store of value
  • Unit of account

  • 8. 
    Which one is the Bank of the Public?

  • Commercial Bank
  • Central Bank
  • Both (a) and (b)
  • None of the above

  • 9. 
    The primary function of Commercial Bank is?

  • Accepting Deposits
  • Advancing Loans
  • Credit Creation
  • All of these

  • 10. 
    Deposits accepted by the Commercial Banks:

  • Current Deposits
  • Saving Deposits
  • Time Deposits
  • All of these
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