Introduction to Money and Banking Quiz

Correct Answers and Explanations

Question 1: What are the three main functions of money?
A) Алмашуу каражаты, баалуулукту сактоо, эсеп бирдиги
B) Сатып алуу, сатуу, инвестициялоо
C) Жыйноо, коротуу, кредит берүү
D) Накталай, кредит, санариптик
Correct: A) Medium of exchange, store of value, unit of account
Explanation:

Money functions as a medium of exchange (buying goods), store of value (saving purchasing power), and unit of account (measuring prices).

Question 2: How do banks primarily make profit?
A) Депозиттерди жыйымчыларга төлөгөндөн жогорку ставкада берүү
B) Эсеп акыларын гана алуу
C) Өкмөттүк каржылоо
D) Банктык продукцияларды сатуу
Correct: A) Lending deposits at higher rates than paid to savers
Explanation:

Banks profit by borrowing money from depositors at low interest rates and lending it to borrowers at higher rates.

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