| 1 |
Barter means. |
- A. Trade through metallic money only
- B. Trade of goods ony excluding services
- C. Trade without use of money
- D. Trade of low value goods only
|
| 2 |
This is a difficulty of barter |
- A. Lack of double coincidence of wants
- B. Diffculty to produce goods at larger scale
- C. Lack of divisiblility of many goods
- D. All of the above
|
| 3 |
Cash can NOT be directly drawn fro a bank against |
- A. Cross Cheque
- B. Order cheque
- C. Bearer cheque
- D. Traveller cheque
|
| 4 |
If no money is used to exchange goods it is called. |
- A. Barter
- B. Currency
- C. Black Market
- D. Free Trade
|
| 5 |
Cheque is |
- A. Legal Money
- B. Credit money
- C. Paper money
- D. Not money
|
| 6 |
Quantity of oney has relation with alue of money |
- A. Direct
- B. Indirect
- C. Inverse
- D. No relation
|
| 7 |
Paper money in Pakistan is |
- A. Inconvertible
- B. Convertible
- C. Linked to gold
- D. None of the above
|
| 8 |
Convert money means. |
- A. It can buy goods
- B. Govt. give gold against
- C. Illegal money
- D. Low value money
|
| 9 |
In the equation MV =PY represents |
- A. Money supply
- B. Money Demand
- C. Maximum output
- D. Minimum Optput
|
| 10 |
According to Keynesmotives for holding money are. |
- A. Two
- B. Three
- C. Four
- D. Five
|
