12th class Economics chapter 4 online mcq test with answers for ICS part 2 Economics chapter 4 (Value of Money)

Question # 1

It is assumption of quantity theory of money

Velocity of circulation of money constant A
Affects only industrial sector B
Makes distribution of national income better C
Has no effect on distribution of income D

Question # 2

Drung inflation

Lenders lose borrowers gain A
Borrowers and lenders both ose B
Borrows lose lenders gain C
All sections of the society gain D

Question # 3

According to Keynes people demand money for purposes .

1 A
2 B
3 C
4 D

Question # 4

According to keynes demand for money is affected by

Income A
Rate of intest B
Literacy rate C
a and b of above D

Question # 5

Banks discount it and adance loans.

Draft A
Bill of Exchange B
pay order C
Gold D

Question # 6

For the economy prices are beneficial

Falling slowly A
Rising slowly B
Rising fast C
Falling fast D

Question # 7

When value of money falls, they benefits more

Debtors A
Lenders B
Farmers C
Industrialist D

Question # 8

Value of circulation money means by number of times a unit of money

Change hands daily A
Change hand annually B
change hands montly C
Change purchacing power D

Question # 9

Value of money in pakistan in determined by

Govt of Pakistan A
General Price Level B
State Bank Pakistan C
Value of Dollar D

Question # 10

They are NOT much affected by rising prices.

Salaried persons A
Business B
Debtors C
Importers D

Question # 11

If we put this letter in the blank space we get quantity theory of money PY =M

S A
T B
V C
A D

Question # 12

Pursching power of money during defiation is.

Increased A
Reduced B
Constant C
Fluctuating D

Question # 13

The equation of exchange PT =MV was given by

Fisher A
Crowther B
Kuznet C
Keynes D

Question # 14

When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.

0.25 A
4 B
0.4 C
Billion Rupees D

Question # 15

Value of money and supply of money are related.

Inversely A
Directly B
Govt.Law C
Are not related D

Question # 16

Under normal circumstances the velocity of circulation of money in a contry is.

100% A
negative B
Less than 10 C
Zero D

Question # 17

Which One is equation of exchange.

PT = MV A
PV = MT B
PM = TV C
None D

Sr.#	Question	Answer
1	Pursching power of money during defiation is.	A. Increased B. Reduced C. Constant D. Fluctuating
2	According to keynes demand for money is affected by	A. Income B. Rate of intest C. Literacy rate D. a and b of above
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	According to Keynes people demand money for purposes .	A. 1 B. 2 C. 3 D. 4
6	The equation of exchange PT =MV was given by	A. Fisher B. Crowther C. Kuznet D. Keynes
7	For the economy prices are beneficial	A. Falling slowly B. Rising slowly C. Rising fast D. Falling fast
8	When value of money falls, they benefits more	A. Debtors B. Lenders C. Farmers D. Industrialist
9	Which One is equation of exchange.	A. PT = MV B. PV = MT C. PM = TV D. None
10	If we put this letter in the blank space we get quantity theory of money PY =M	A. S B. T C. V D. A

Latest Educational News Stories

Pakistan's Largest Database of Colleges and Universities

BS Programs

University Past Papers

University Results

Exam Results 2024

Study Abroad Programs and Opportunities for Pakistani Students

2nd Year Economics Chapter 4 Online MCQ Test for 12th Class Economics Chapter 4 (Value of Money)

ICS Part 2 Economics English Medium Chapter 4 Test

ICS Part 2 Economics English Medium Chapter Wise MCQ's Test

MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 4 Online Test"

ICS Part 2 Economics English Medium Chapter 4 Online Test

It is assumption of quantity theory of money

Drung inflation

According to Keynes people demand money for purposes .

According to keynes demand for money is affected by

Banks discount it and adance loans.

For the economy prices are beneficial

When value of money falls, they benefits more

Value of circulation money means by number of times a unit of money

Value of money in pakistan in determined by

They are NOT much affected by rising prices.

If we put this letter in the blank space we get quantity theory of money PY =M

Pursching power of money during defiation is.

The equation of exchange PT =MV was given by

When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.

Value of money and supply of money are related.

Under normal circumstances the velocity of circulation of money in a contry is.

Which One is equation of exchange.

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 4 Online Test" MCQs Online With Answers

Set 1

Set 2

Topic Test

ICS Part 2 Economics English Medium Chapter 4 Test

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 4 Online Test" MCQ`s Test

ICS Part II Economics Chapter 0 Important MCQ's

Test Questions

Is this page helpful?

Share your comments & questions here