{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-10-18T12:26:11.697Z","dateModified":"2026-04-02T12:15:13.156Z","typicalAgeRange":"11-18","educationalLevel":"CUET (UG)","assesses":"Economics - Business and Economy","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Business and Economy"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Economics"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (UG)"}],"name":"Quiz about Business and Economy","about":{"@type":"Thing","name":"Economics - Business and Economy"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Business and Economy","text":"Which of the following is not true about currency notes and wins in circulation in an economy ?}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

They are legal tenders

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

They are called fiat moneyThey are legal tenders

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

They have intrinsic value

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

They do not have intrinsic value

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

They have intrinsic value

","comment":{"@type":"Comment","text":"\"\""},"answerExplanation":{"@type":"comment","text":"The correct option is (C) :They have intrinsic value"}}}]}

Which of the following is not true about currency notes and wins in circulation in an economy ?

The Correct Option is C

Solution and Explanation

Top Questions on Business and Economy

Questions Asked in CUET (UG) exam