| 1 |
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
|
| 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
|
| 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
|
| 4 |
Banks discount it and adance loans. |
- A. Draft
- B. Bill of Exchange
- C. pay order
- D. Gold
|
| 5 |
The equation of exchange PT =MV was given by |
- A. Fisher
- B. Crowther
- C. Kuznet
- D. Keynes
|
| 6 |
Value of money and supply of money are related. |
- A. Inversely
- B. Directly
- C. Govt.Law
- D. Are not related
|
| 7 |
Which One is equation of exchange. |
- A. PT = MV
- B. PV = MT
- C. PM = TV
- D. None
|
| 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 |
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 |
They are NOT much affected by rising prices. |
- A. Salaried persons
- B. Business
- C. Debtors
- D. Importers
|
