| 1 |
According to quantity theory of money, if quantity of money is doubled then prices are doubled while value of money is |
- A. Doubled
- B. One halved
- C. Less than one halved
- D. Not influenced
|
| 2 |
Relationship of level of prices and quantity of money |
- A. Positive
- B. Negative
- C. Indirect
- D. 2nd and 3rd both
|
| 3 |
One of the following is not the monetary measure to control inflation |
- A. Increase in bank rate
- B. Open market operation
- C. Increase in the ratio of reserve capital of the banks
- D. Increase in taxes
|
| 4 |
One of the following is not the cause of deflation |
- A. Decrease in demand for goods
- B. Decrease in consumption
- C. Increase in quantity of money
- D. Increase in supply of goods
|
| 5 |
Which kind of budget is better during the situation of inflation |
- A. Deficit budget
- B. Surplus budget
- C. Balanced budget
- D. Domestic budget
|
| 6 |
Prices during the situation of inflation |
- A. Increase
- B. Decrease
- C. Do not change
- D. Become zero
|
| 7 |
Inflation will be useful for |
- A. Labourers
- B. Consumers
- C. Penioners
- D. Industrialist
|
| 8 |
Marginal productivity theory was presented by: |
- A. Pigou and Cannon
- B. Adam Smith and F.A. Walker
- C. Keynes and Semeulson
- D. Marshall and J.B. Clark
|
| 9 |
Inflation is useful for |
- A. Labourer
- B. Consumers
- C. Industrialist
- D. Pensioners
|
| 10 |
The money whose face value and intrinsic value are different |
- A. Token money
- B. Standard money
- C. Legal money
- D. Near money
|
