| 1 |
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
|
| 2 |
Under normal circumstances the velocity of circulation of money in a contry is. |
- A. 100%
- B. negative
- C. Less than 10
- D. Zero
|
| 3 |
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
|
| 4 |
Value of money and supply of money are related. |
- A. Inversely
- B. Directly
- C. Govt.Law
- D. Are not related
|
| 5 |
They are NOT much affected by rising prices. |
- A. Salaried persons
- B. Business
- C. Debtors
- D. Importers
|
| 6 |
Banks discount it and adance loans. |
- A. Draft
- B. Bill of Exchange
- C. pay order
- D. Gold
|
| 7 |
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
|
| 8 |
Which One is equation of exchange. |
- A. PT = MV
- B. PV = MT
- C. PM = TV
- D. None
|
| 9 |
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
|
| 10 |
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
|
