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MA
Question Practice

Which of these represents a common misconception about money?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 10
Social Science
Understanding Economic Development
MONEY AND CREDIT
Question Bank

Which of these represents a co...

Single Answer MCQ
Q-00015830

Which of these represents a common misconception about money?

1

Money is always in physical form

2

Money can act as a medium of exchange

3

Digital forms of currency exist

4

Money can be saved in banks

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Keep Practising

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Q1.

What is the role of credit in economic development?

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Q2.

Explain the concept of formal and informal sources of credit.

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Q3.

What is the primary function of modern money?

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Q4.

Which of the following is NOT considered modern money?

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