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21.

Which property the paper money does not possess:

A.	Acceptability	B.	Divisibility
C.	Duability	D.	Portability

22.

A saving account in a bank represents the function of money:

A.	A measure of value	B.	A medium of exchange
C.	A standard for deferred payments	D.	Store of value

23.

A student records her income and spending for past month, she uses the funtion of money

A.	Medium of exchange	B.	Standard of deferred payments
C.	Store of value	D.	Unit of account

24.

It implements monetary policy of the country:

A.	Central bank	B.	Commercial banks
C.	Specialised bank	D.	Finance department

25.

Which property paper money does NOT Possess

A.	Acceptability	B.	Divisibility
C.	Durability	D.	Portability

26.

Anything used as money must be:

A.	Fixed in value	B.	Fixed in supply
C.	Legal tender	D.	Readily acceptable

27.

What will promote savings?

A.	Increase in credit facilities	B.	Increase in taxation
C.	Increase in personal incomes	D.	Rising prices

28.

Treasury Bill is a document used for:

A.	A short-term loan to the exporter	B.	A long-term loan to the government
C.	A short-term loan to the government	D.	A short-term loan to a govt. employee

29.

Which does NOT represent a method of payment?

A.	Cheque	B.	Saving certificate
C.	Currency note	D.	Bill of exchange

30.

Which is NOT a desirable characteristic of money?

A.	Portable	B.	Uniform
C.	Easily recognised	D.	Easily duplicated