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12th Class Principles of Economics Chapter 4 Test

12th class I.Com Part 2 Principles of Economics chapter 4 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 4 Test

Start Chapter 4 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 4 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Pursching power of money during defiation is.
  • A. Increased
  • B. Reduced
  • C. Constant
  • D. Fluctuating
2 Which One is equation of exchange.
  • A. PT = MV
  • B. PV = MT
  • C. PM = TV
  • D. None
3 They are NOT much affected by rising prices.
  • A. Salaried persons
  • B. Business
  • C. Debtors
  • D. Importers
4 Velocity of circulation of money means.
  • A. Total demand for money
  • B. Annual increase in currency notes
  • C. Number of timesa unit of money changes hands
  • D. total supoly of money
5 Banks discount it and adance loans.
  • A. Draft
  • B. Bill of Exchange
  • C. pay order
  • D. Gold
6 The equation of exchange PT =MV was given by
  • A. Fisher
  • B. Crowther
  • C. Kuznet
  • D. Keynes
7 Drung inflation
  • A. Lenders lose borrowers gain
  • B. Borrowers and lenders both ose
  • C. Borrows lose lenders gain
  • D. All sections of the society gain
8 Value of money means
  • A. General purchasing power of money
  • B. Gold purchased by money
  • C. Demand for money
  • D. Importance of money
9 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
10 Value of money and supply of money are related.
  • A. Inversely
  • B. Directly
  • C. Govt.Law
  • D. Are not related

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