Domestic services rendered by hired servants are a part of
Own account production of households
Consumption of hired servants
Production
Consumption
The purchasing power of money depends upon the
Price level
Demand level
Supply level
All the above
Currency is issued in India by
Commercial Banks
Regional rural Banks
Nationalised Banks
Reserve Bank of India
The essential feature of _______ is that the buyer and seller have to agree to sell or buy each others commodities.
Money
Demand
Deposit
Barter system
When two goods between two persons at a time are exchanged without the use of money , it is called
Credit
Loan
The portion of income not spent on ___ is saving
Distribution
Investment
Money includes
Coin
Currency
Cheques
'Money is what it does' is defined by
Crowther
Walker
Robertson
Keynes
Basic economic activities are
Inflation and deflation
Unemployment, poverty and inequality
Production, consumption and accumulation
Capital formation
The surplus of production over consumption is called
Current transfer