Economy, asked by sukhwindesingh, 10 months ago

CHAPTER:-3(Money and Credit)
1. Double coincidence of wants is a feature of...
a. Money
C. Market
b. Barter system of exchange
d. Economy
2. Money acts as an intermediate in the exchange process hence it is called
a...***
*
a. Store of value
C. Medium of exchange
b. Standard of measurement
d. None
3. The modern currency is accepted as a medium of exchange because the currency is
..............by the government of the country.
a. Managed
C. Controlled
b. Authorised
. d. Owned
4. In India, who issues the currency notes on behalf of the central government?
a. Reserve Bank of India
C. Finance Minister of India
b. State Bank of India
d. None

Answers

Answered by luckybadgujar9ovpgsr

Answer:

1.Barter system

2.Medium of exchange

3.Authorised

4.Reserve Bank of India

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