Question Text
Question 1 :
Which of the following is known as Plastic money?<br>A. Demand Draft<br>B. Credit Card<br>C. Debit Card
Question 5 :
State with reasons the following statement is True or False.<br>Money works as a store of value.<br>
Question 6 :
Since money acts as an intermediate in the exchange process, it is called _____.
Question 9 :
Which among the following are the credit rating agencies of India?<br>1. CRISIL 2. CARE3.ICRA 4.ONlCRA
Question 10 :
In obtaining a home loan , which of the following might be considered as collateral?
Question 11 :
Limited legal money is the one no one can refuse to accept upto ________.
Question 14 :
The official exchange rate of Indian rupee is associated with ________.
Question 15 :
Paper notes and coins are accepted as a medium of exchange because they are _____.
Question 17 :
The most important reason for an investor to prefer a Bank deposit is _________.<br/>
Question 19 :
In case of Term Loans, the period of limitation is calculated as three years from ________.<br/>
Question 20 :
State with reasons the following statement is True or False.<br>Money is the basis of credit.<br>
Question 21 :
Which of the following does the terms of credit NOT include?
Question 22 :
For the development of a country the credit should be _____.
Question 23 :
The part of income which is not spent on consumption is called _______. 
Question 24 :
What are the factors responsible for the change in the form of money?