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CBSE Notes 2011-2012 » X-Social Science-Term2

Money and Credit

Both parties agree to sell and buy each others commodities

Multiple choice question

Both parties agree to sell and buy each others commodities

Organisation which supervises inactivities of lenders in the infornLal secto

Multiple choice question

Organisation which supervises inactivities of lenders in the infornLal secto

Money acts as an intermediate in the exchange process. Which function of money is highlighted here ?

Multiple choice question

Money acts as an intermediate in the exchange process. Which function of money is highlighted here ?

Compared to the formal lenders most of the informal lenders charge a much _________ interest on loan...

Multiple choice question

Compared to the formal lenders most of the informal lenders charge a much _________ interest on loans

Money is accepted as a medium of exchange because the currency is authorised by

Multiple choice question

Money is accepted as a medium of exchange because the currency is authorised by

Who issues currency notes on behalf of the central government ?

Multiple choice question

Who issues currency notes on behalf of the central government ?

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