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	Under normal circumstances the velocity of circulation of money in a contry is.	A. 100% B. negative C. Less than 10 D. Zero
2	Pursching power of money during defiation is.	A. Increased B. Reduced C. Constant D. Fluctuating
3	When value of money falls, they benefits more	A. Debtors B. Lenders C. Farmers D. Industrialist
4	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
5	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
6	The equation of exchange PT =MV was given by	A. Fisher B. Crowther C. Kuznet D. Keynes
7	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
8	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
9	For the economy prices are beneficial	A. Falling slowly B. Rising slowly C. Rising fast D. Falling fast
10	Value of money means	A. General purchasing power of money B. Gold purchased by money C. Demand for money D. Importance of money