Money and Value of Money Test 04 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Money and Value of Money Test 04 Mcqs Preparation Online 1. Cross cheque means?A. Cash cannot be directly drawn from the bank B. It has two lines drawn in left upper corner C. It has been cancelled D. (b) and (c) of above Loading... 2. It is true to say about kinds of inflation?A. Demand pull and income pull inflation B. None of the aboveC. Demand pull and cost push inflation D. Demand pull and cost push industry Loading... 3. Speculative demand for money depends upon?A. Central bankB. Investment C. Rate of interest D. Income Loading... 4. According to Keynes, motives for holding money are?A. FiveB. Three C. Four D. Two Loading... 5. Liquidity of a monetary asset means?A. Velocity of circulation of money B. The monetary asset has lost it valueC. Ready acceptability of monetary asset D. Easy availability of one Loading... 6. If money supply in a country decreases?A. Rate of interest falls B. (b) and (c) of aboveC. Prices will fall D. Prices will rise Loading... 7. In the equation MV = PY, V represents?A. All of the aboveB. Variation of nation income C. Value of moneyD. Velocity of circulation of money Loading... 8. Quantity Theory of Money explains that?A. Quantity of investment depends upon quantity of moneyB. Supply of money depends upon quantity of moneyC. Value of money depends upon quantity of money D. Rate of interest depends upon quantity of money Loading... 9. Cross cheque has a cross sign (X) in the?A. Left side upper corner B. Right side upper corner C. It does not have cross sign (X)D. Right side lower corner Loading... 10. In the equation MV = PY, M represents?A. Minimum outputB. Money supply C. Money demand D. Maximum output Loading... Loading...
