Certain metals like_______were used as a medium of exchange in ancient times.

(a)

gold

(b)

iron

(c)

Silver

(d)

Diamond

The Head Quarters of the RBI is at _________.

(a)

Chennai

(b)

Mumbai

(c)

Delhi

(d)

Kolkatta

International trade is carried on in terms of ______.

(a)

US .Dollars

(b)

Pounds

(c)

Riyal

(d)

Uro

The currency of Japan is ________.

(a)

Yen

(b)

Yuan

(c)

Bound

(d)

Rubiya

Barter system involved exchange of________

(a)

Goods

(b)

Money

NFC was introduced in Britain in the year__________

(a)

2016

(b)

2008

In 1999 mobile banks were used in_________

(a)

USA

(b)

Europe

One rupee and two rupee notes were first printed in India in the year_______

(a)

1917

(b)

1927

Why was money invented?

What is ancient money?

What is natural money?

What is meant by foreign exchange?

What is ATM?

What is meany by SHG?

_____________ System can be considered as the first form of trade

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Barter

The first printing press of the RBI was started at ___________.

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Nasik

The thesis about money by B.R. Ambedkar is ____________.

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The problem of the Rupee

A gold plated coin called the________was introduced in Europe

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Florin

US Dollar

(1)

Yuan

ATM

(2)

Automatic Teller Machine

Riyal

(3)

Saudi Arabia

European union

(4)

Euro

China

(5)

Universally accepted currency

Australia

(6)

Dollar

Explain how money is transacted in the digital world.

Write in detail about the various functions of money.