Glower4
This is a general quiz to help increase awareness about the topic of ECONOMICS. Economics is used in our everyday life at each moment and as yet we are not aware of its implications in full. Here is a theoretical ready reckoner for you test you knowledge against:
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AN EXPENSIVE DATE-A LAUGHING RIOT-Volume I (Volume 1)
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Question of
What is money in broadest sense?
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A store of value
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A cheque
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A currency note
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A coin
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Question of
Can money be created endlessly?
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Yes
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No
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Question of
Who can create money?
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Federal Government
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Shopping Mall
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States
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Airports
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Question of
Is Bitcoin money?
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Yes
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No
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Question of
Is Bitcoin Federal money?
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Yes
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No
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Question of
Do you need to regulate Bitcoin?
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Yes
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No
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Question of
Do you need to control Bitcoin as a part of Federal function?
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Yes
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No
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Question of
Are reward points given by a credit card company ‘money’?
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Yes
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No
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Question of
Are loyalty points given by a hotel chain,spa,entertainment hub,online seller etc ‘money’?
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Yes
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No
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Question of
Which Asian Country took to demonetization of its high value currency at the end of 2017?
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China
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Thailand
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India
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Japan
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Question of
Who establishes exchange rates between major crypto currencies and dollar?
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Crypto currency users
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Major Crypto currency exchnages
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No one
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Federal authorities
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thank you for adding knowledge to the community
You got 7 out of 11 right!
Great
definitely very impressive indeed
Economics Quiz
You got 6 out of 11 right!
hahaaha if you keep reading my quizzes you may graduate in economics very fast
Got 7 correct and learned something!
LOL you seem to be topping all my quizzes