61 It is necessary that money material should be

Scarce

62 In Pakistan, what is money of account?

Rupee

63 What is barter system?

If no money is used to exchange good

64 What does Convertible money means?

Government can give gold against it

65 Money that is used as an official medium of exchange, what is it called?

Legal money

66 How can the government control inflation?

Increasing supply of goods

67 The Government of Pakistan issues currency on which basis?

Demand for money in the country

68 What type of relation does quantity of money has with supply of money?

Inverse

69 What does Commercial banks create?

Credit money

70 A Cheque is

Not a money