Money, credit, banks (Answers to the MMA, IDO test)
Replenishment date: 13.06.2024
Contents: Answers - Money, credit, banks - SYNERGY.pdf (109.78 KB)
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Description
Answers to the test Money, credit, banks - MMA (Moscow International Academy).
Pass result: 17/20 points.
The test was taken in 2024.
To search for test answers in a WORD file, press the combination "CTRL+F". Then enter a question to quickly find the answer.
Before purchasing, be sure to review the questions already provided in advance, as tests and instructors change!
Questions:
Is the official gold content in the ruble currently fixed?
No
Yes
Do commercial banks participate in the issuance process?
Yes
no
When does money function as a measure of value?
when exchanging goods for gold
when determining the price of goods
when exchanging goods for goods
In what function is the movement of money separated from the movement of goods?
as a function of the measure of value
as a medium of exchange
as a means of payment
Is the process of demonetization of gold completed?
Yes
no
Who in the Russian Federation determines the rules, terms and standards for non-cash payments?
Ministry of Finance
Bank of Russia
Government
Credit money includes
treasury notes
demand deposits
promissory notes
Bank notes
Quasi-money includes
Question 11Select one or more answers:
term deposits
Promissory notes
treasury notes
demand deposits
Who instructs the bank to open a letter of credit?
payer (buyer)
recipient of funds (supplier)
Who has the exclusive right to issue banknotes?
Government
Central bank
Commercial banks create money
when repaying loans
when issuing loans
with the help of the central bank
The higher the speed of money turnover, the more money is required for turnover
more
Less
When does money serve as a medium of exchange?
when paying for goods in cash
when paying for goods by bank transfer
when paying interest
Who decides on the release of new coins and banknotes and the withdrawal of old ones?
Treasury Department
Board of Directors of the Bank of Russia
What types of monetary systems do you know?
metal circulation
non-cash circulation
circulation of paper and/or credit money
bill circulation
What factors cause demand-pull inflation?
price leadership
central bank purchase of foreign currency
sharp rise in oil prices
government budget deficit
Whose instructions does the bank carry out when making payments using payment orders?
supplier (recipient of funds)
buyer (payer)
Who organizes cash circulation in the country?
commercial banks
central bank
When does money serve as a means of payment?
when paying for goods in cash
when paying taxes
when issuing wages
when purchasing securities
In what function does the counter-movement of money and goods occur?
as a function of the measure of value
as a medium of exchange
as a means of payment
Pass result: 17/20 points.
The test was taken in 2024.
To search for test answers in a WORD file, press the combination "CTRL+F". Then enter a question to quickly find the answer.
Before purchasing, be sure to review the questions already provided in advance, as tests and instructors change!
Questions:
Is the official gold content in the ruble currently fixed?
No
Yes
Do commercial banks participate in the issuance process?
Yes
no
When does money function as a measure of value?
when exchanging goods for gold
when determining the price of goods
when exchanging goods for goods
In what function is the movement of money separated from the movement of goods?
as a function of the measure of value
as a medium of exchange
as a means of payment
Is the process of demonetization of gold completed?
Yes
no
Who in the Russian Federation determines the rules, terms and standards for non-cash payments?
Ministry of Finance
Bank of Russia
Government
Credit money includes
treasury notes
demand deposits
promissory notes
Bank notes
Quasi-money includes
Question 11Select one or more answers:
term deposits
Promissory notes
treasury notes
demand deposits
Who instructs the bank to open a letter of credit?
payer (buyer)
recipient of funds (supplier)
Who has the exclusive right to issue banknotes?
Government
Central bank
Commercial banks create money
when repaying loans
when issuing loans
with the help of the central bank
The higher the speed of money turnover, the more money is required for turnover
more
Less
When does money serve as a medium of exchange?
when paying for goods in cash
when paying for goods by bank transfer
when paying interest
Who decides on the release of new coins and banknotes and the withdrawal of old ones?
Treasury Department
Board of Directors of the Bank of Russia
What types of monetary systems do you know?
metal circulation
non-cash circulation
circulation of paper and/or credit money
bill circulation
What factors cause demand-pull inflation?
price leadership
central bank purchase of foreign currency
sharp rise in oil prices
government budget deficit
Whose instructions does the bank carry out when making payments using payment orders?
supplier (recipient of funds)
buyer (payer)
Who organizes cash circulation in the country?
commercial banks
central bank
When does money serve as a means of payment?
when paying for goods in cash
when paying taxes
when issuing wages
when purchasing securities
In what function does the counter-movement of money and goods occur?
as a function of the measure of value
as a medium of exchange
as a means of payment
