Money and Credit

Samacheer Book Back Questions And Answers For Economy Standard 9 Full Book “Money and Credit“

I. Choose the correct answer:
1. Certain metals like _____ (gold/iron) were used as a medium of exchange in ancient times.
2. The Head Quarters of the RBI is at _____ (Chennai / Mumbai).
3. International trade is carried on in terms of _____ (US Dollars / Pounds).
4. The currency of Japan is _____ (Yen/Yuan)

Answers:
1. Gold
2. Mumbai
3. US Dollars
4. Yen

II. Fill in the blanks:
1. _____ system can be considered as the first form of trade.
2. Money supply is divided into _____
3. The first printing press of the RBI was started at _____
4. _____ act as a regulator of the circulation of money.
5. The thesis about money by B.R. Ambedkar is _____

Answers:
1. Barter
2. Four
3. Nasik, Maharashtra
4. The Reserve Bank of India
5. The Problem of the Rupee and Its Solution

III. Match the following:
1. US Dollar                             A. Automatic Teller Machine
2. Currency in circulation        B. Substitute of money
3. ATM                                     C. University accepted currency
4. Salt                                       D. Saudi Arabia
5. Riyal                                      E. 85%

Answers:
1. C
2. E
3. A
4. B
5. D