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ICS Part 2 Economics English Medium Chapter 4 Test
Start Chapter 4 TestICS 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"
Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 4 Online Test"
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Total Questions17
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Time Allowed20
ICS Part 2 Economics English Medium Chapter 4 Online Test
00:00
Question # 1
According to Keynes people demand money for purposes .
Question # 2
The quantity demanded of money rises.
Question # 3
Value of money in pakistan in determined by
Question # 4
Velocity of circulation of money means.
Question # 5
It is assumption of quantity theory of money
Question # 6
When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.
Question # 7
Banks discount it and adance loans.
Question # 8
If we put this letter in the blank space we get quantity theory of money PY =M
Question # 9
Value of circulation money means by number of times a unit of money
Question # 10
Which One is equation of exchange.
Question # 11
When value of money falls, they benefits more
Question # 12
According to keynes demand for money is affected by
Question # 13
Under normal circumstances the velocity of circulation of money in a contry is.
Question # 14
Value of money and supply of money are related.
Question # 15
Value of money means
Question # 16
They are NOT much affected by rising prices.
Question # 17
For the economy prices are beneficial
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
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H Humaira 24 - Jan - 2018 01 Min 53 Sec 17/17 -
M Maheen 24 - Feb - 2021 02 Min 46 Sec 17/17 -
K Kazim 29 - Dec - 2017 03 Min 23 Sec 17/17 -
I Ibrahim Malik 21 - Jul - 2022 01 Min 20 Sec 16/17 -
M Muhammad Kashif 25 - Apr - 2024 02 Min 27 Sec 16/17 -
S summayia 22 - Jan - 2018 02 Min 44 Sec 16/17 -
R romana 28 - Apr - 2021 05 Min 32 Sec 16/17 -
M Muhammad umer 08 - Aug - 2018 03 Min 16 Sec 15/17 -
S Shahid 23 - Aug - 2018 04 Min 48 Sec 15/17 -
A Adil 24 - Jan - 2018 05 Min 30 Sec 15/17 -
H hijab 30 - Sep - 2018 05 Min 52 Sec 15/17 -
A Ali Hassan 17 - Sep - 2022 04 Min 09 Sec 14/17 -
F faiza 18 - Mar - 2018 04 Min 10 Sec 14/17 -
N nazia 10 - Feb - 2019 04 Min 12 Sec 14/17 -
M Mahin 18 - Jul - 2021 02 Min 18 Sec 13/17
ICS Part II Class Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The equation of exchange PT =MV was given by |
A. Fisher
B. Crowther
C. Kuznet
D. Keynes
|
| 2 | Value of money and supply of money are related. |
A. Inversely
B. Directly
C. Govt.Law
D. Are not related
|
| 3 | 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
|
| 4 | Value of money in pakistan in determined by |
A. Govt of Pakistan
B. General Price Level
C. State Bank Pakistan
D. Value of Dollar
|
| 5 | 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
|
| 6 | They are NOT much affected by rising prices. |
A. Salaried persons
B. Business
C. Debtors
D. Importers
|
| 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 | Value of money means |
A. General purchasing power of money
B. Gold purchased by money
C. Demand for money
D. Importance of money
|
| 10 | According to Keynes people demand money for purposes . |
A. 1
B. 2
C. 3
D. 4
|
Test Questions
