Money and Value of Money Test 6 Mcqs Online Preparation Malik Asghar — April 23, 2018 in Economics • add comment Money and Value of Money Test 6 Mcqs Online Preparation 1. It is included in kinds of money?A. Legal money B. Token money C. All of the aboveD. Credit money Loading... 2. The equation of exchange PT = MV was given by?A. KeynesB. Fisher C. Kuznet D. Crowther Loading... 3. Velocity of circulation of money means the number of times a unit of money?A. Changes hands monthly B. Changes hands daily C. Changes hands annually D. Changes purchasing power Loading... 4. It is a kind of money?A. Discredit money B. False moneyC. Trust money D. Credit money Loading... 5. In payment of debt, people can use this kind of money?A. (a) and (b) of the aboveB. Credit money C. Legal money D. Real money Loading... 6. When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is?A. 0.25 B. 4 C. 4 billion rupeesD. 0.4 Loading... 7. Which one is equation of exchange?A. PM = TV B. None of theseC. PT = MV D. PV = MT Loading... 8. When value of money falls, they benefit more?A. FarmersB. Industrialist C. DebtorsD. Lenders Loading... 9. Purchasing power of money during deflation is?A. FluctuatingB. Reduced C. Constant D. Increased Loading... 10. Value of money in Pakistan is determined by?A. Govt. of Pakistan B. Value of dollerC. State Bank D. General price level Loading... Loading... Related NTS Results Post:Money 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 7 Mcqs Online PreparationMoney and Value of Money Test 03 Mcqs Preparation OnlineMoney and Value of Money Test 01 Mcqs Preparation OnlineMoney and Value of Money Test 02 Mcqs Preparation OnlineMoney Banking and International Trade Test 6 Mcqs…
