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Money and its Role — Practice Quiz

NIOS · Class 10 · Economics

Try a 4-question quiz on Money and its Role for NIOS Class 10 Economics: tap an answer to check it and see why. 53 questions in the full chapter test.

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Quick Quiz: Money and its Role

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Tap an answer to check it instantly. No sign-up needed for these 4.

1

What is barter system in the context of exchange of goods and services?

2

What is money generally accepted by society as?

3

Which of these is a function of money?

4

What is the currency of India called?

53 Questions·
multiple choicetrue falsemultiple correct

Sample Questions

1multiple choice
1 marks

What is the symbol of the Indian Rupee?

Show answer

₹

The symbol of Rupee is ₹.

2multiple choice
1 marks

How much is 50 paisa equal to?

Show answer

Half of one rupee

50 paisa equals half of one rupee.

3multiple choice
1 marks

Which country uses the dollar as its currency?

Show answer

USA

The currency in USA is called dollar.

4multiple choice
1 marks

What is the main reason money replaced barter system?

Show answer

The barter system had many demerits

Money came into being because barter system had many problems.

+49 more questions on Money and its Role (NIOS Class 10 Economics)

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Frequently Asked Questions

What are the important topics in Money and its Role for NIOS Class 10 Economics?
Key topics in Money and its Role include Barter System and Its Need, Demerits of Barter System, Functions of Money, Types of Money and Currency. Study these first, then practise questions on each for the NIOS Class 10 board exam.
How many practice questions are there for Money and its Role?
There are 53 questions on Money and its Role. Try the 4-question sample quiz on this page first; each answer shows an explanation when you tap it.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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All NIOS Class 10 Economics Practice Quiz

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