| 1 |
Relationship of level of prices and quantity of money |
- A. Positive
- B. Negative
- C. Indirect
- D. 2nd and 3rd both
|
| 2 |
Disadvantages of paper money are |
- A. Unstable value
- B. Possibility of inflation
- C. Possibility of wastage
- D. All the three
|
| 3 |
One of the following is not fiscal measure to control inflation |
- A. Decrease in public expenditures
- B. Increase in taxes
- C. Encouragement of savings
- D. Increase in investment
|
| 4 |
______ is not considered perfect money |
- A. Note of ten rupees
- B. Note of hundred rupees
- C. Piece of silver
- D. Note of one thousand rupees
|
| 5 |
One of the following is not the cause of inflation |
- A. Increase in quantity of money
- B. Increase in demand for goods
- C. Increase in supply of goods
- D. Increase in cost of production
|
| 6 |
According to quantity theory of money doubling the quantity of money, prices |
- A. Increase
- B. Double
- C. Decrease
- D. One half
|
| 7 |
Which one of the following was the difficulty of barter system |
- A. Abundance of goods
- B. Lack of double coincidence of wants
- C. Difference of language
- D. difference of occupations
|
| 8 |
Functions of money are |
- A. Medium of exchange
- B. Common measure of value
- C. Store of value
- D. All the three
|
| 9 |
Saving deposits and time deposits of the banks, Govt. securities and shares of the companies are called |
- A. Token money
- B. Money of account
- C. Standard money
- D. Near money
|
| 10 |
One of the following is not the fiscal measure to control inflation |
- A. Decrease in public expenditures
- B. Increase in the value of money
- C. Increase in taxes
- D. Encouragement of saving
|
