Question # 1

It is assumption of quantity theory of money

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Velocity of circulation of money constant

Affects only industrial sector

Makes distribution of national income better

Has no effect on distribution of income

People do not care for environmetn problems because of.

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Lack of education

Fear of taxes

Proverty

a and c of the above

A country does not trade with othr contries is called an economy

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Open

Closed

Independent

None

In foreign trde protection policy means.

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Restrictions on imports

Restrictions on exports

Restriction on transfer of foreign exchagne

All of the above

The largest part of national income goes to

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Consumption

Investment

Saving

Transfer payment

Whcih is the mot widely used tool of monetary policy

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Open market operations

Issuing of notes

Discount rate

Cleaning house

Undisributed proits are considered.

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Income enrned but not received

Income eearned and received

Income received but not earned

None of the above

Final balance of the payment of a country is

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Always balance

Always dificit

Always surplus

Flucluates

Which of the followign is not included in personali income

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Social security benefits

Dividend payments

Undistributed corporate profits

Interest received from of saving certificates

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

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The exchange rate

The money supply

The interest rate

The real national income

In the equation MV =Py. V represents

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Value of money

Velocity of circulation of money

Variation of nation income

All of the above

Medium term plan covers

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Less than 2 years

3 to 5 years

5 to 10 years

10 to 15 years

Visible exports include

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Remittance

Computer Hardware

Computer software

Transport cost

Measurement of economic development is based on.

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Monetary income

Real Income

Future income

Permenent Income

According to Keynesmotives for holding money are.

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Two

Three

Four

Five

Demand deposite are

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Bank notes

Money

Considered as ner money

Legal money

The equation of exchange PT =MV was given by

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Fisher

Crowther

Kuznet

Keynes

Which type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

Cash cannot be directly obtaines from a bank against

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Cross cheque

Order cheque

bearer cheque

Traveller cheque

Which one is per capita income is

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Per worker income

Per person Income

Per family income

Per Industtrial unit income

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