ICOM Part 1 Principles of Economics English Medium Chapter 10 MCQ's Test

11th Class Principles of Economics English Medium Online MCQ Test for Chapter 10 (Money)

ICOM Part 1 Principles of Economics English Medium Chapter 10 MCQ's Test

Start Chapter 10 Test

ICOM Part 1 Principles of Economics Chapter Wise Test (English Medium)

11th Class Principles of Economics English Medium Online MCQ Test for Chapter 10 (Money)

Sr. # Questions Answers Choice
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

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

J

Jiya 7287

Lahore10 - May - 2025

11/15
03 Mins 11 Sec

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer