The main reason why cheques can be regarded as money is that:

Related MCQs

• The bank cheques are processed by using -
• The permission given to a bank customer to draw cheques in excess of his current account balance is called -
• Identify the main reason of 'deficit financing' in Pakistan-
• What is the main reason of the flour crisis in the country?
• "Bad money will drive out good money from circulation." This is known as :
• If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should -
• The accumulation of idle money balances or inactive money is called:
• Knowledge, technical skill, education etc. in economics, are regarded as -
• In the balance of payments account, unrequited receipts and payments are also regarded as -
• Seawater, fresh air, etc., are regarded in Economics as -