Money and Credit
MONEY and CREDITS

279775 A paper, instructing the bank to pay a specific amount to the person in whose name the paper has been made is called a:

1 Cheque.
2 Draft.
3 Payment slip.
4 None of the above. 1Mark
MONEY and CREDITS

279776 Direct exchange of goods against goods without use of money is known as:​​​​​​​

1 Money system.
2 Debt trap.
3 Barter system.
4 Fair exchange. 1Mark
MONEY and CREDITS

279777 Everyone prefers to receive payments in:

1 Goods
2 Cheque
3 Draft
4 Money 1Mark
MONEY and CREDITS

279778 Modern forms of currency includes:

1 Grains and cattle.
2 Coins and paper notes.
3 Cheques and pass book.
4 None of the above. 1Mark
MONEY and CREDITS

279775 A paper, instructing the bank to pay a specific amount to the person in whose name the paper has been made is called a:

1 Cheque.
2 Draft.
3 Payment slip.
4 None of the above. 1Mark
MONEY and CREDITS

279776 Direct exchange of goods against goods without use of money is known as:​​​​​​​

1 Money system.
2 Debt trap.
3 Barter system.
4 Fair exchange. 1Mark
MONEY and CREDITS

279777 Everyone prefers to receive payments in:

1 Goods
2 Cheque
3 Draft
4 Money 1Mark
MONEY and CREDITS

279778 Modern forms of currency includes:

1 Grains and cattle.
2 Coins and paper notes.
3 Cheques and pass book.
4 None of the above. 1Mark
MONEY and CREDITS

279775 A paper, instructing the bank to pay a specific amount to the person in whose name the paper has been made is called a:

1 Cheque.
2 Draft.
3 Payment slip.
4 None of the above. 1Mark
MONEY and CREDITS

279776 Direct exchange of goods against goods without use of money is known as:​​​​​​​

1 Money system.
2 Debt trap.
3 Barter system.
4 Fair exchange. 1Mark
MONEY and CREDITS

279777 Everyone prefers to receive payments in:

1 Goods
2 Cheque
3 Draft
4 Money 1Mark
MONEY and CREDITS

279778 Modern forms of currency includes:

1 Grains and cattle.
2 Coins and paper notes.
3 Cheques and pass book.
4 None of the above. 1Mark
MONEY and CREDITS

279775 A paper, instructing the bank to pay a specific amount to the person in whose name the paper has been made is called a:

1 Cheque.
2 Draft.
3 Payment slip.
4 None of the above. 1Mark
MONEY and CREDITS

279776 Direct exchange of goods against goods without use of money is known as:​​​​​​​

1 Money system.
2 Debt trap.
3 Barter system.
4 Fair exchange. 1Mark
MONEY and CREDITS

279777 Everyone prefers to receive payments in:

1 Goods
2 Cheque
3 Draft
4 Money 1Mark
MONEY and CREDITS

279778 Modern forms of currency includes:

1 Grains and cattle.
2 Coins and paper notes.
3 Cheques and pass book.
4 None of the above. 1Mark