Gage College

Faculty of Business and Economics

Standard Assignment Two
Banking Principle and Practice
Date: April 8/2012
Total weight: 20%
Name : _________________________________ Department :___________________
Section : ________________________________ Id. Number: ___________________

Division : Regular :____________________ Extension: ________________

GENERAL INSTRUCTIONS

 Thisisthefirstassignmentofthiscourse
 Thisassignmentistobecompletedandsubmittedtothedean officeontime up on the
schedulebyhardor soft copy.
 Create interdependence and build individual responsibility and accountability.
 Use your comprehension to complete the assignment.
 Explain your idea briefly and clearly, neatness is expected.
 You can refer your note book and different supporting resources.
 Devote your time and submit the assignment
 Submission after deadline is not tolerable

Be Good-looking! Be Smart! Be Elegant! But, Protect Yourself From Covid-19

Virus!
 Instruction: WRITE SHORT ANSWER FOR EACH OF THE
FOLLOWING QUESTIONS

1. Define the meaning of money.

2. List and explain classification of money.
3. What is bartering system?
4. List some of the limitations of bartering system.
5. What are the common characteristics of efficient money?
6. List the correct chronologically order of money from the ancient civilization to current
time.
7. List down the deficit of commodity money
8. Discuss advantages and disadvantages of paper money.
9. What is money market?
10. What is capital market?
11. What is the difference between money market and capital market
12. List and explain submarkets of money market
13. Discuss characteristics of money market and capital markets.
14. List and explain four essential functions of money.
15. List down kinds of coinage.