Money and Credit Quiz

Description

Quiz on Money and Credit Quiz, created by R.Haricharan on 04/02/2014.
R.Haricharan
Quiz by R.Haricharan, updated more than 1 year ago
R.Haricharan
Created by R.Haricharan over 10 years ago
17
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Resource summary

Question 1

Question
What is the main feature of the Barter System?
Answer
  • Double Co-Incidence of Wants
  • Not using money
  • First time exchanging
  • Both I and iii
  • Both i, ii, and iii
  • Both i and ii
  • Both ii and iii
  • None of the above

Question 2

Question
Franc is a modern form of currency
Answer
  • True
  • False

Question 3

Question
Demand Deposits are considered as money.
Answer
  • True
  • False
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