12th Class Economics Money And Banking Question Bank Match The Column - Money

  • question_answer
    From the following statements given in Column I and Column II, choose the correct pair of statements:
    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 - 1


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