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

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


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