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Money and credit - Ivanov V.M.

test questions

1. Give a definition of the monetary system.

2. What is the difference between bimetallism and monometallism and what is their similarity?

3. What are the elements of the modern monetary system.

4. Types of banknotes.

5. Currency functions.

Tests for self-control

1. The monetary system is:

a) national monetary system;

b) the form of organization of money circulation established by the state;

c) historically developed monetary circulation in the country;

d) monetary circulation in the country, which has developed historically and is fixed by national legislation;

e) the answers a), c) are correct;

e) all answers are correct.

2. The monetary system is changing:

a) with a change in the political system;

b) historically;

c) by decision of the government;

d) in accordance with social and economic development;

e) with the change of laws;

f) with changes in the elements of the monetary system;

g) the answers a), b), d) are correct; e) all answers are correct.

3. The elements of the monetary system are:

a) US dollars;

b) SDR and Euro;

c) monetary unit;

d) price scale;

e) the order on the agenda of the session of the Verkhovna Rada of Ukraine;

f) types of money;

g) gold;

h) emission system;

i) the state apparatus for regulating monetary circulation; j) metal and paper money;

k) all previous answers are incorrect.

4. Indicate the types of banknotes:

a) carbovanets, hryvnias, rubles;

b) freely convertible, partially convertible and closed currency;

c) banknotes and loose change;

d) bank tickets, treasury tickets, loose change;

e) the answers b), d) are correct;

e) all answers are incorrect.

5. Currency is:

a) foreign banknotes;

b) any banknotes;

c) SDRs and Euros;

d) the monetary unit used to measure the value of goods and services;

e) the answers a), c) are correct;

e) all answers are correct.