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Money and Types of Money · UPSC CDS/OTA · Question 35 of 90

Money and Types of Money: Cheques are an example of

Step-by-step solution. Money and Types of Money for UPSC CDS/OTA.

Topic
Money and Types of Money
Subject
General Studies
Difficulty
moderate
Solve Time
45-60 sec

Solved UPSC CDS/OTA Question

A solved UPSC CDS/OTA PYQ - decoded step-by-step.

Solve it the standard way once - then learn the shortcut.

Q · Money and Types of Moneymoderate · 45s

Cheques are an example of:

TopicMoney and Types of Money
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

Cheques represent a promise to pay and are a form of credit money.

Final Answer: Option B - Credit money
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Cheques are an example of - Money and Types of Money (General Studies) Solved Question