First Year Principles of Economics Chapter 10 Online MCQ Test for 1st Year Principles of Economics Chapter 10 (Money)

This online test contains MCQs about following topics:

. Barter system . Evolution of money . Definition of moeny . Assumptiond of quantity theory of money . Criticism on quantity theory of money . Inflation . Deflation . Measures to control inflation . Measures to control deflation

ICOM Part 1 Economics Ch 10 Test
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MCQ's Test For Chapter 10 "Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test"

Try The MCQ's Test For Chapter 10 "Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test

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Question # 1

Which one of the following does not exist during deflation

Question # 2

Net National product is equal to

Question # 3

Inflation will be useful for

Question # 4

There exists a relationship between inflation and deflation

Question # 5

"What performs the functions of money, is money"
This definition of money is stated by

Question # 6

Which economist said that the term demand for money should be used instead of circulation of money

Question # 7

Marginal revenue product is the amount of money attained by selling:

Question # 8

One of the following is not monetary measure to control inflation

Question # 9

Relationship of level of prices and quantity of money

Question # 10

Saving deposits and time deposits of the banks, Govt. securities and shares of the companies are called

Question # 11

Cheque, bill of exchange etc are

Question # 12

When demand for goods and services rises, then velocity of circulation of money

Question # 13

Basic characteristics of good money are

Question # 14

The money whose face value is greater than its intrinsic value, is called

Question # 15

The unit of money by which the value of goods and services is expressed is called

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