NOTE.--_The following questions are set as an indication of the sort
of knowledge a student should possess who has carefully read the
several papers of this course. The paper covers only about the first
half of the course. The student is recommended to write out the
answers carefully. Only such answers need be attempted as can be made
from a study of the lessons._
1. What in a general sense is meant when we speak of the currency of a
country?
2. Enumerate some of the advantages afforded to the community and to
commerce in general by banking institutions.
3. A bank cheque is a demand order for money, drawn by one who has
funds in the bank. How does a cheque differ from an order on John
Smith to pay bearer a certain sum of money?