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. 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... 2. It is the medium of exchange?A. Black money B. Foreign exchangeC. Near money D. Currency Loading... 3. The most important feature of money?A. Convertibility into gold B. General acceptability C. Medium of exchangeD. Store of value Loading... 4. Quantity of money has relation with value of money?A. No relationB. Inverse C. Direct D. Indirect Loading... 5. It can change money supply?A. Supreme Court B. National Assembly C. Government D. State Bank Loading... 6. Government of Pakistan issues currency on the basis of?A. Tax collectionB. Demand for money in the country C. Availability of dollars in the country D. Availability of gold in the country Loading... 7. Cheque is?A. Legal money B. Paper money C. Credit moneyD. Not money Loading... 8. The govt. can control inflation by?A. Increasing supply of goods B. Increasing money supply C. Decreasing taxesD. Increasing demand for goods Loading... 9. Commercial banks create?A. Token money B. Do not create moneyC. Legal money D. Credit money Loading... 10. Paper money came into use?A. 100 years ago B. 2000 years agoC. 200 years agoD. 1000 years ago Loading... Loading...
