Finance: Money & Credit MCQ Quiz
7 Questions
| Total Attempts: 27
.
Questions and Answers
- 1.The exchange of goods for goods is known as:
- A.
Banker of option
- B.
Bills of exchange
- C.
Barter system
- D.
Currency
- 2.The problem with the barter system is:
- A.
Double coincidence of wants.
- B.
A good transport system
- C.
Advertising
- D.
Communication
- 3.What a person desires to sell is exactly what the other wishes to buy ---
- A.
Terms of credit.
- B.
Double coincidence of wants
- C.
Selling
- D.
Trade
- 4.Money acts as:
- A.
Medium of exchange
- B.
Medium of information
- C.
Medium of trade.
- D.
None
- 5.In India, currency is issued by:
- A.
RBI on behalf of the central government
- B.
By the President of India.
- C.
By the Finance minister
- D.
None
- 6.Capitalism is an economic system where businesses are privately owned and run by people rather than the government.
- A.
Yes
- B.
No
- 7.Who introduced the idea of free-market:
- A.
Adam Smith, 1776
- B.
Karl Marx, 1850
- C.
J.P. Morgan, 1890
- D.
Amartya Sen, 1970
What’s your financial IQ? The ultimate quiz below is designed for all finance students who want to test their understanding on all things finance. If you claim to understand all things surrounding finance, you need to...
Questions: 20 | Attempts: 10460 | Last updated: Sep 2, 2020
-
Sample QuestionWhat percentage of mutual funds, financial experts, and investment advisory services underperform the overall market and comparable indexes?
Concept of risk and return: finance quiz. There are a lot of things that people assess before they decide to invest in a project and this signifies an element of risk of making less money than intended. People take risk in...
Questions: 17 | Attempts: 8753 | Last updated: Sep 2, 2020
-
Sample QuestionThe return may be thought of as
The Indian financial system quizzes trivia. It is nearly impossible for a business not to have lenders and the Indian financial system makes it possible for lenders, borrowers and investors to interact with each other. How well...
Questions: 40 | Attempts: 8238 | Last updated: Sep 2, 2020
-
Sample QuestionThe structure that is available in an economy to mobilize the capital from various surplus sectors of the economy and allocate and distribute the same to the various needy sectors is known as----------
Back to top