Which of these counts as valid currency?

Correct answer D. Currency note

Explanation

A currency note is legal tender issued by the central bank, whereas cheques and promissory notes are credit instruments and an exchange rate is merely a price.

Previous Next question

Tip: press A, B, C or D to answer, and N for the next question.

Discussion

Have a question about this answer? Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name *

Email *

Save my name, email, and website in this browser for the next time I comment.

Links and website addresses are not allowed in comments.

Leave this empty

Your score

Correct: 0
Wrong: 0
Answered: 0

Your score is saved in this browser for today.

Random from this topic

Subjects

Everyday Science 3,948
Agriculture 2,721
Economics 2,669
English 1,731
Marketing 1,640
Sociology 1,400
Aptitude 1,339
Islamic Studies 1,102
Psychology 991
HRM 927
ECAT MCAT English 833
General Knowledge 750
Computer 710
Statistics 709
ECAT Math 703
Ms Office 620
MCAT Biology 511
Finance 500
Accounting 386
Pedagogy 367
Electrical Engineering 248
Full Forms 138
Auditing 135
Current Affairs 110
Programming 75
Pakistan Studies 56
Internet & Email 3

Which of these counts as valid currency?

More Basic of Economics questions

Inflation is:

An account is a formal banking, brokerage or business relationship set up to provide regular services, dealings and financial transactions. Which of the following does the term account also refer to?

The exchange rate is the ratio at which one country’s currency is exchanged for another’s. Which method did the World Bank develop for converting exchange rates?

What is the difference in money value between a country’s exports and imports over a given period called?

Discussion

Have a question about this answer? Cancel reply