Column I | Column II | ||
(A) | Double coincidence of wants | 1. | Barter system |
(B) | High powered money | 2. | Money created by commercial banks in the form of demand deposits |
(C) | Bank money | 3. | Huge trading costs |
(D) | C - C Economy | 4. | Base money |
A) A - 4, B - 3, C - 2, D - 1
B) A - 3, B - 4, C - 2, D - 1
C) A - 1, B - 2, C - 3, D - 4
D) A - 4, B - 1, C - 2, D - 3
Correct Answer: B
Solution :
[b] A - 3, B - 4, C - 2, D - 1You need to login to perform this action.
You will be redirected in
3 sec