The question 2(a) and 2(c) which required the definition of money and qualities of money were well attempted by most candidates but many of the candidates did not know the different forms of money. The answer expected for forms of money are as follow:
(i)Coins
(ii)Paper money/currency notes
(iii)Cheques
(iv)Instruments of credit e.g. credit cards, Bills of exchange
(v)Commodity money e.g. gold, diamond, cow etc.
