Which one of the following is an example of “fiat money”

Related MCQs

• Match the following A B 1. (i) Commodity money (i) Currency 2. (ii) Metallic money (ii) Cheque 3. (iii) Paper money (iii) Gold 4. (iv) Credit money (iv) Bows and arrows Codes;
• Assertion (A): Necessity led to the invention of money Reason(R) : Barter system failed to perform the major functions of money
• The ratio of money supply to high powered money is:
• Which one of the following is related to the commodity money
• Which of the following is not related to commodity money
• Which of the following is a concept of ‘broad money’
• Which of the following is not an element of high Powered money?
• Find the odd man out with reference to money
• In India the standard money is
• In the case of a ‘full bodied money’