Match the following definitions with their authors
List-I (Definition of money) | List-II (Economist) |
a. Money is what money does | 1. Walker |
b. Anything that is widely accepted in exchange for goods or business obligations | 2. G. D. H. Cole |
c. The essence of money is that after a function of circulation can be given from one hand to another for another task | 3. D. H. Robertson |
d. A commodity for which there is a general acceptance | 4. Seligman |
A. a-1, b-3, c-4, d-2
B. a-1, b-3, c-2, d-4
C. a-3, b-1, c-2, d-4
D. a-3, b-1, c-4, d-2
Answer: Option B
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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