Money and Value of Money Test 02 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Money and Value of Money Test 02 Mcqs Preparation Online 1. The most important feature of money?A. Convertibility into gold B. General acceptability C. Store of value D. Medium of exchange Loading... 2. Government of Pakistan issues currency on the basis of?A. Demand for money in the country B. Tax collectionC. Availability of gold in the country D. Availability of dollars in the country Loading... 3. The govt. can control inflation by?A. Decreasing taxesB. Increasing supply of goods C. Increasing money supply D. Increasing demand for goods Loading... 4. Paper money came into use?A. 1000 years ago B. 200 years agoC. 2000 years agoD. 100 years ago Loading... 5. It is the medium of exchange?A. Foreign exchangeB. Near money C. Currency D. Black money Loading... 6. Quantity of money has relation with value of money?A. No relationB. Indirect C. Inverse D. Direct Loading... 7. Cheque is?A. Not moneyB. Legal money C. Credit moneyD. Paper money Loading... 8. Which of the following increases money supply in the country?A. Purchase of bonds by State Bank B. Increase in discount rate C. Decrease in taxesD. Sale of bonds by State Bank Loading... 9. Commercial banks create?A. Legal money B. Token money C. Credit money D. Do not create money Loading... 10. It can change money supply?A. National Assembly B. Government C. Supreme Court D. State Bank Loading... Loading... Related NTS Results Post:Chemistry MCQs Test 05 Online PreparationIslamiat Mcqs Test 02 Online PreparationIslamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 15 Online PreparationBiology Mcqs Test 14 Online PreparationBiology Mcqs Test 12 Online PreparationBiology Mcqs Test 13 Online PreparationBiology Mcqs Test 10 Online Preparation
