__________ is inevitable for capital formation and economic growth.
Saving
Investment
Distribution
Consumption
The purchasing power of money depends upon the
Price level
Demand level
Supply level
All the above
_____ is the unit of account and a standard of common measurement.
Medium of exchange
Measure of value
Store of value
Standard of deferred payment
The portion of income not spent on ___ is saving
Production
A __________ is a paper in instructing the bank to pay a specific amount from a person's account.
Loan
Demand deposit
Cheque
Currency
Currency is issued in India by
Commercial Banks
Regional rural Banks
Nationalised Banks
Reserve Bank of India
Basic economic activities are
Inflation and deflation
Unemployment, poverty and inequality
Production, consumption and accumulation
Capital formation
'Money is what it does' is defined by
Crowther
Walker
Robertson
Keynes
Money includes
Coin
Cheques
The issue of currency is undertaken on behalf of state by the
State bank of India
Canara Bank
Federal Bank
