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Questions and Answers
Who is responsible for issuing and printing legal money in a country?
Who is responsible for issuing and printing legal money in a country?
- The National Bank
- The Commercial Banks
- The Ministry of Finance
- The Central Bank (correct)
What determines the volume of legal money in a country?
What determines the volume of legal money in a country?
- The Central Bank (correct)
- The National Bank
- The Commercial Banks
- The Ministry of Finance
Which of the following is not a traditional function of money?
Which of the following is not a traditional function of money?
- Issuing and printing (correct)
- Medium of exchange
- Unit of account
- Store of value
Which of the following is a characteristic of electronic money?
Which of the following is a characteristic of electronic money?
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Which of the following is not an example of electronic money?
Which of the following is not an example of electronic money?
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