Economics Money and Value of Money Test 02 Mcqs Preparation Online 0 Money and Value of Money Test 02 Mcqs Preparation Online 1. Government of Pakistan issues currency on the basis of?A. Demand for money in the country B. Availability of gold in the country C. Tax collectionD. Availability of dollars in the country Loading... 2. Paper money came into use?A. 2000 years agoB. 1000 years ago C. 200 years agoD. 100 years ago Loading... 3. It is the medium of exchange?A. Foreign exchangeB. Near money C. Currency D. Black money Loading... 4. The most important feature of money?A. Convertibility into gold B. General acceptability C. Store of value D. Medium of exchange Loading... 5. Cheque is?A. Credit moneyB. Paper money C. Legal money D. Not money Loading... 6. It can change money supply?A. State BankB. Supreme Court C. National Assembly D. Government Loading... 7. Which of the following increases money supply in the country?A. Increase in discount rate B. Sale of bonds by State Bank C. Decrease in taxesD. Purchase of bonds by State Bank Loading... 8. The govt. can control inflation by?A. Decreasing taxesB. Increasing demand for goods C. Increasing supply of goods D. Increasing money supply Loading... 9. Commercial banks create?A. Legal money B. Credit money C. Token money D. Do not create money Loading... 10. Quantity of money has relation with value of money?A. Indirect B. No relationC. Direct D. Inverse Loading... Loading... Related PostsMoney and Value of Money Test 6 Mcqs Online PreparationMoney and Value of Money Test 7 Mcqs Online PreparationMoney and Value of Money Test 8 Mcqs Online PreparationMoney and Value of Money Test 05 Mcqs Preparation OnlineMoney and Value of Money Test 04 Mcqs Preparation OnlineMoney and Value of Money Test 03 Mcqs Preparation OnlineMoney and Value of Money Test 01 Mcqs Preparation OnlineMoney Banking and International Trade Test 1 Mcqs…Money Banking and International Trade Test 2 Mcqs…Money Banking and International Trade Test 3 Mcqs… Continue Reading Previous Money and Value of Money Test 03 Mcqs Preparation OnlineNext Money and Value of Money Test 01 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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