Money mainly serves as a--

A medium of exchange
B means of barter
C means of hoarding
D both a & b

Correct Answer: both a & b

As stated above, money primarily functions as a medium of exchange. However, it also has developed secondary functions that derive from its use as a medium of exchange. These other functions include: 1) a unit of account, 2) a store of value, and 3) a standard of deferred payment.
Bissoy MCQ
#সাধারণ জ্ঞান #Jamuna Bank Ltd #Jamuna Bank Ltd - Probationary Officer - 2009

Related Questions

Money mainly serves as a --
A medium of exchange
B means of hoarding
C means of barter
D None of these
If Marie has twice as much money as Curie has, who has three times as much money as Sunny as has, what is the ratio of the amount of money Sunny has to the amount of money Marie has ?
A 1 : 8
B 1 : 6
C 1 : 4
D 1 : 2
Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?
A When levels of personal retirement saving increase, consumer borrowing always increases correspondingly.
B The increased tax revenue the government would receive as a result of business expansion would not offset the loss in revenue from personal income taxes during the first year of the plan.
C Even With tax incentives,some people will choose not to increase their levels of retirement savings .
D Bankers generally will not continue to lend money to Businesses whose prospective earnings are insufficient to meet their loan repayment schedules.
Goni went to market with certain amount of money. With this money he can buy either 50 apples or 40 pears. He retains 10% of the money for bus fare and buys 20 pears. How many apples can be buy?
A 18
B 30
C 15
D 20
On a shipping trip, Karim spent 1/3 of his money for a jacket and another Tk. 5 for a hat. If he still had 1/2 of his money left, how much money did he save originally?
A TK 18
B TK 24
C TK 30
D TK 50
Jesmin spent one-third of her money on books and half of the remaining money on clothing. She then spent three-fourths of what she had left on food. She had Tk. 500 left over. How much money did she start with?
A Tk. 6,000
B Tk. 8,000
C Tk. 12,000
D Tk. 1,600
Jesmin spent one-third of her money on books and half of the remaining money on clothing. She then spent three fourth of what she had left on food. She had Tk. 500 left over. How much money did she start with?
A Tk. 6,000
B Tk. 8,000
C Tk. 12,000
D Tk. 1,600
Masud has twice as much money as Selim has and Selim has 50% more money than what Bashir has. If the average money with them is Tk. 110, then Masud has :
A 55
B 60
C 90
D 180
Rahim has three times as much money as Karim has. If Rahim gives Karim TK.50 then Karim will have three times as much money as Rahim will have. How much money do they have together ?
A 75
B 100
C 120
D 130
Taka 1105 was divided among A, B and C. The amount of money received by A and B were in the ratio of 1:2. Amount of money received by B and C were in the ratio 3:4. How much money did A receive?
A 390
B 130
C 195
D None of these

Next steps