Functions of Money Vibrant Quiz.pptx

quiz or mcq on money

1. 💰 QUIZ TIME: Functions of Money 💰

2. Question 1 Which of the following is a primary function of money? a) Store of value b) Measure of value c) Basis of credit d) Distribution of income ✅ Correct Answer: b) Measure of value

3. Question 2 Money helps in future payments. This function is known as: a) Medium of exchange b) Store of value c) Standard of deferred payments d) Transfer of value ✅ Correct Answer: c) Standard of deferred payments

4. Question 3 Which of these is a contingent function of money? a) Medium of exchange b) Basis of credit c) Store of value d) Measure of value ✅ Correct Answer: b) Basis of credit

5. Question 4 Sending money through UPI from Delhi to Chennai shows which function? a) Measure of value b) Transfer of value c) Store of value d) Basis of credit ✅ Correct Answer: b) Transfer of value

6. Question 5 Crowther defined money as: a) A store of goods b) Anything generally accepted as a means of exchange c) Commodity money d) Government-issued currency ✅ Correct Answer: b) Anything generally accepted as a means of exchange