Column I | Column II | ||
(A) | Barter system | 1. | Simultaneous fulfilment of mutual wants of buyers and sellers |
(B) | Gross demand deposits | 2. | Exchange of goods for goods |
(C) | Currency and coins | 3. | Legal tender money |
(D) | Double coincidence of wants | 4. | Includes inter-banking claims |
A) A - 3, B - 4, C - 1, D - 2
B) A - 4, B - 3, C - 2, D - 1
C) A - 2, B - 3, C - 4, D - 1
D) A - 2, B - 4, C - 3, D - 1
Correct Answer: D
Solution :
[d] A - 2, B - 4, C - 3, D - 1You need to login to perform this action.
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