Basic Details
Word: Monetary
Part of Speech: Adjective
Meaning: Related to money or currency.
Synonyms: Financial, fiscal, economic
Antonyms: Non-economic, non-financial
Idioms and Phrases
- Monetary gain: Referring to profit or income made from an investment. Example: "His investment in the shop led to a significant monetary gain."
- Monetary policy: Actions taken by a government or central bank to regulate the money supply and control inflation. Example: "The monetary policy aims to keep prices stable and encourage economic growth."
Usage Examples
Example 1: The monetary rewards for winning the competition motivated many students to participate.
Example 2: The government introduced new monetary regulations to manage inflation.
Example 3: Understanding monetary matters is important for making informed financial decisions.
Fun Fact
The word "monetary" comes from the Latin word "monetarius," which means "of coin or money." It is closely linked to discussions on finance and economics.
Famous Quote
"Money often costs too much." - Ralph Waldo Emerson
Multiple Choice Questions (MCQs)
1. What does "monetary" mean?
a) Related to food
b) Related to money
c) Related to physics
d) Related to health
Answer: b) Related to money
2. Which of these is a synonym of "monetary"?
a) Health-related
b) Financial
c) Creative
d) Social
Answer: b) Financial
3. Which sentence uses "monetary" correctly?
a) The monetary benefits of the job are attractive.
b) The plant grew because of monetary strategies.
c) The picture is a monetary masterpiece.
d) The musical concert was very monetary.
Answer: a) The monetary benefits of the job are attractive.
4. Which idiom refers to making profit?
a) Monetary policy
b) Monetary gain
c) Monetary loss
d) Non-monetary reasons
Answer: b) Monetary gain
5. What is the opposite of "monetary"?
a) Economic
b) Fiscal
c) Non-financial
d) Financial
Answer: c) Non-financial
