Money and Value of Money Test 6 Mcqs Online Preparation Leave a Comment / Economics / By Malik Asghar Money and Value of Money Test 6 Mcqs Online Preparation 1. The equation of exchange PT = MV was given by?A. Fisher B. Crowther C. KeynesD. Kuznet Loading... 2. Value of money in Pakistan is determined by?A. Govt. of Pakistan B. Value of dollerC. State Bank D. General price level Loading... 3. Which one is equation of exchange?A. PV = MT B. None of theseC. PT = MV D. PM = TV Loading... 4. In payment of debt, people can use this kind of money?A. Credit money B. Real money C. (a) and (b) of the aboveD. Legal money Loading... 5. It is a kind of money?A. Discredit money B. Credit money C. Trust money D. False money Loading... 6. Purchasing power of money during deflation is?A. FluctuatingB. Constant C. Reduced D. Increased Loading... 7. When value of money falls, they benefit more?A. Lenders B. Industrialist C. FarmersD. Debtors Loading... 8. Velocity of circulation of money means the number of times a unit of money?A. Changes hands annually B. Changes hands daily C. Changes purchasing powerD. Changes hands monthly Loading... 9. When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is?A. 4 B. 0.4 C. 4 billion rupeesD. 0.25 Loading... 10. It is included in kinds of money?A. All of the aboveB. Credit money C. Token money D. Legal money Loading... Loading... Related NTS Results Post:Islamiat Mcqs Test 03 Online PreparationChemistry MCQs Test 06 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 08 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 10 Online PreparationBiology Mcqs Test 13 Online Preparation
