8th Indian Economy

MONEY, SAVINGS AND INVESTMENT

I. Choose the best answer 1. Money is what it does is defined by a) Crowther b) walker c) Robertson 2. The purchasing power of money depends upon the a) Price level b) demand level c) supply level 3. _________ is used as a standard for future payment a) cheque b) Money c) Credit card II. Fill in the blanks: 1. ___________ is one of the greatest inversions of money. 2. The word “money” is derived from the Latin word___________. 3. The most important function of money is that it acts as ___________. 4. Money is a convenient from of…