Question # 1

Banks discount it and adance loans.

Choose an answer

Draft

Bill of Exchange

pay order

Gold

The equation of exchange PT =MV was given by

Choose an answer

Fisher

Crowther

Kuznet

Keynes

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

Choose an answer

0.25

4

0.4

Billion Rupees

For the economy prices are beneficial

Choose an answer

Falling slowly

Rising slowly

Rising fast

Falling fast

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

Choose an answer

100%

negative

Less than 10

Zero

Drung inflation

Choose an answer

Lenders lose borrowers gain

Borrowers and lenders both ose

Borrows lose lenders gain

All sections of the society gain

They are NOT much affected by rising prices.

Choose an answer

Salaried persons

Business

Debtors

Importers

According to Keynes people demand money for purposes .

Choose an answer

1

2

3

4

According to keynes demand for money is affected by

Choose an answer

Income

Rate of intest

Literacy rate

a and b of above

The quantity demanded of money rises.

Choose an answer

As the intrest rate falls

As the intrest rate rises

As the supply of money falls

As the number of banks rises

Value of money and supply of money are related.

Choose an answer

Inversely

Directly

Govt.Law

Are not related

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

Choose an answer

Change hands daily

Change hand annually

change hands montly

Change purchacing power

Pursching power of money during defiation is.

Choose an answer

Increased

Reduced

Constant

Fluctuating

Value of money in pakistan in determined by

Choose an answer

Govt of Pakistan

General Price Level

State Bank Pakistan

Value of Dollar

Velocity of circulation of money means.

Choose an answer

Total demand for money

Annual increase in currency notes

Number of timesa unit of money changes hands

total supoly of money

Value of money means

Choose an answer

General purchasing power of money

Gold purchased by money

Demand for money

Importance of money

When value of money falls, they benefits more

Choose an answer

Debtors

Lenders

Farmers

Industrialist

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

Choose an answer

S

T

V

A

Which One is equation of exchange.

Choose an answer

PT = MV

PV = MT

PM = TV

None

It is assumption of quantity theory of money

Choose an answer

Velocity of circulation of money constant

Affects only industrial sector

Makes distribution of national income better

Has no effect on distribution of income

More Classes

Other Links

ICS Part 2 Economics English Medium Chapter 4 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer