Question : Medium of exchange is ……… function of money.
Option 1: Primary function
Option 2: Secondary function
Option 3: Common function
Option 4: None of the above
Correct Answer: Primary function
Solution : Money is used for medium of exchange so medium of exchange is a primary function of money. Hence option A is correct.
Question : Common money is also called……
Option 1: Legal tender money
Option 2: Unlimited legal tender money
Option 3: Limited legal tender money
Option 4: Actual money
Question : Which market is highlighted in the given statement? Statement: It refers to that market which creates and exchange financial assets.
Option 1: Money market
Option 2: Secondary market
Option 3: Primary market
Question : Which market is known as stock market or stock exchange?
Option 2: Primary market
Option 3: Secondary market
Question : Agriculture, mining, quarrying, etc are the example of ___ sector.
Option 1: Primary
Option 2: Secondary
Option 3: Teritary
Option 4: None of the above.
Question : Trade, transport and storage, etc., are the example of ______ sector.
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