HARD
9th Jammu and Kashmir Board
IMPORTANT
Earn 100

What is double coincidence of wants? Explain with an example?

Important Questions on Money and Banking

HARD
9th Jammu and Kashmir Board
IMPORTANT
_____ issues currency notes on behalf of the Central Government.
HARD
9th Jammu and Kashmir Board
IMPORTANT
Banks charge a higher interest rate on loans than what they offer on _____.
HARD
9th Jammu and Kashmir Board
IMPORTANT
_____ is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
HARD
9th Jammu and Kashmir Board
IMPORTANT
Can you think of some examples of goods/services being exchanged or wages being paid through barter?
MEDIUM
9th Jammu and Kashmir Board
IMPORTANT
What are the different forms of modern currency?
HARD
9th Jammu and Kashmir Board
IMPORTANT
What are the various forms of modern money?
MEDIUM
9th Jammu and Kashmir Board
IMPORTANT
What are the various forms of Plastic money?
HARD
9th Jammu and Kashmir Board
IMPORTANT
Explain the various credit and loan activities of Banks with an example?