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Chapter 6 of 12
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Money and Banking

CBSE · Class 12 · Economics

Flashcards for Money and Banking — CBSE Class 12 Economics. Quick Q&A cards covering key concepts, definitions, and formulas.

92 questions84 flashcards5 concepts

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A comparison showing the difficulties of a barter system (double coincidence of wants, storage issues) versus the ease of transactions with money as a medium of exchange, unit of account, and store of
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84 Flashcards
Card 1Money and Banking

What is money?

Answer

Money is the commonly accepted medium of exchange. It helps goods and services be exchanged smoothly instead of relying on barter.

Card 2धन और बैंकिंग

धन क्या है?

Answer

धन विनिमय का सामान्यतः स्वीकार्य माध्यम है। यह वस्तुओं और सेवाओं के आदान-प्रदान को बार्टर पर निर्भर रहने के बजाय सुचारु बनाता है।

Card 3धन और बैंकिंग

वस्तु-विनिमय क्या है?

Answer

वस्तु-विनिमय धन की मध्यस्थता के बिना किया जाने वाला विनिमय है। इसमें इच्छाओं के दोहरे संयोग की समस्या होती है, जिससे व्यापार कठिन हो जाता है।

Card 4Money and Banking

What is barter exchange?

Answer

Barter exchange is exchange without the mediation of money. It suffers from the problem of double coincidence of wants, which makes trade difficult.

Card 5Money and Banking

Why does money solve the problem of barter?

Answer

Money acts as an intermediate good that both sides accept. A person can sell goods for money and then use money to buy what is needed, so matching wants directly is not necessary.

Card 6धन और बैंकिंग

धन वस्तु-विनिमय की समस्या को क्यों हल करता है?

Answer

धन एक मध्यवर्ती वस्तु की तरह काम करता है जिसे दोनों पक्ष स्वीकार करते हैं। कोई व्यक्ति वस्तुएँ धन के बदले बेच सकता है और फिर उसी धन से आवश्यक वस्तु खरीद सकता है, इसलिए इच्छाओं का सीधे मेल होना आवश्यक

Card 7धन और बैंकिंग

धन की प्रथम और सबसे महत्वपूर्ण भूमिका क्या है?

Answer

धन की प्रथम और सबसे महत्वपूर्ण भूमिका यह है कि वह विनिमय के माध्यम के रूप में काम करता है। इससे आधुनिक अर्थव्यवस्था में लेन-देन आसान और तेज हो जाते हैं।

Card 8Money and Banking

What is the first and foremost role of money?

Answer

The first and foremost role of money is that it acts as a medium of exchange. This makes transactions easier and faster in a modern economy.

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Frequently Asked Questions

What are the important topics in Money and Banking for CBSE Class 12 Economics?
Money and Banking covers several key topics that are frequently asked in CBSE Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Money and Banking — CBSE Class 12 Economics?
Understand the core concepts first, then work through the 92 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many flashcards are available for Money and Banking?
There are 84 flashcards for Money and Banking covering key definitions, formulas, and concepts. Use them daily for 10–15 minutes for best results.

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