1 |
Banks discount it and adance loans. |
- A. Draft
- B. Bill of Exchange
- C. pay order
- D. Gold
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2 |
The quantity demanded of money rises. |
- A. As the intrest rate falls
- B. As the intrest rate rises
- C. As the supply of money falls
- D. As the number of banks rises
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3 |
It is assumption of quantity theory of money |
- A. Velocity of circulation of money constant
- B. Affects only industrial sector
- C. Makes distribution of national income better
- D. Has no effect on distribution of income
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4 |
When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is. |
- A. 0.25
- B. 4
- C. 0.4
- D. Billion Rupees
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5 |
If we put this letter in the blank space we get quantity theory of money PY =M |
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6 |
Value of money and supply of money are related. |
- A. Inversely
- B. Directly
- C. Govt.Law
- D. Are not related
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7 |
According to keynes demand for money is affected by |
- A. Income
- B. Rate of intest
- C. Literacy rate
- D. a and b of above
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8 |
When value of money falls, they benefits more |
- A. Debtors
- B. Lenders
- C. Farmers
- D. Industrialist
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9 |
Under normal circumstances the velocity of circulation of money in a contry is. |
- A. 100%
- B. negative
- C. Less than 10
- D. Zero
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10 |
Value of money means |
- A. General purchasing power of money
- B. Gold purchased by money
- C. Demand for money
- D. Importance of money
|