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Money objectives fill up multiple choice

Money


1. Medium of exchange is ____________ function of money.
primary
secondary
contingent
additional

2. In the case of __________ coins, intrinsic value is less then their face value.
token
full bodied
representative
standard

3. The most liquid asset is _____________
cheque
money
shares
debentures

4. Introduction of ___________ removed difficulties of barter.
metals
bank
money
shares

5. In the initial state of development _________ was used.
credit money
paper notes
metallic money
commodity money