Which property the paper money does not possess

Related MCQs

• Which of the following is true about the restrictions on RBI? (i) It is not to compete with the commercial banks. (ii) It is not allowed to pay interest on its deposits. (iii) It cannot engage directly or indirectly in trade. (iv) It cannot acquire or advice loans against immovable property. (v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
• Paper currency was used for internal use and gold was used for international settlement under standard
• Which one of the following is not included in the function of money
• Which one of the following is near money?
• Which of the following money supply is used by RBI?
• Which of the following can change money supply
• Which of the following increase money supply in the country?
• Convertible money means
• The most important features of money is
• Number of times a unit of money change hands in the course of a year is called