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

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

Sr.#	Question	Answer
1	According to keynes demand for money is affected by	A. Income B. Rate of intest C. Literacy rate D. a and b of above
2	When value of money falls, they benefits more	A. Debtors B. Lenders C. Farmers D. Industrialist
3	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
4	Which One is equation of exchange.	A. PT = MV B. PV = MT C. PM = TV D. None
5	They are NOT much affected by rising prices.	A. Salaried persons B. Business C. Debtors D. Importers
6	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
7	Pursching power of money during defiation is.	A. Increased B. Reduced C. Constant D. Fluctuating
8	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
9	Value of circulation money means by number of times a unit of money	A. Change hands daily B. Change hand annually C. change hands montly D. Change purchacing power
10	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