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Commerce · Q206

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 206

Q206

Match the following definitions with their authors List-I (Definition of money) List-II (Economist) a. Money is what money does 1. Walker b. Anything that is widely accepted in exchange for goods or business obligations 2. G. D. H. Cole c. The essence of money is that after a function of circulation can be given from one hand to another for another task 3. D. H. Robertson d. A commodity for which there is a general acceptance 4. Seligman

Match the following definitions with their authors
List-I (Definition of money) List-II (Economist)
a. Money is what money does 1. Walker
b. Anything that is widely accepted in exchange for goods or business obligations 2. G. D. H. Cole
c. The essence of money is that after a function of circulation can be given from one hand to another for another task 3. D. H. Robertson
d. A commodity for which there is a general acceptance 4. Seligman
A.
a-1, b-3, c-4, d-2
B.
a-1, b-3, c-2, d-4
Answer
C.
a-3, b-1, c-2, d-4
D.
a-3, b-1, c-4, d-2

Answer: Option B

Solution

Answer: Option B
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