Money and Value of Money Test 7 Mcqs Online Preparation Malik Asghar — April 23, 2018 in Economics • add comment Money and Value of Money Test 7 Mcqs Online Preparation 1. During inflation?A. All sections of the society gainB. Lenders lose, borrowers gain C. Borrowers and lenders both lose D. Borrowers lose, lenders gain Loading... 2. Inflation is a situation when?A. Prices rise and fallB. Prices of some goods rise C. Prices double every year D. General price level rises continuously Loading... 3. Under normal circumstances, the velocity of circulation of money in a country is?A. 100% B. Negative C. ZeroD. Less than 10 Loading... 4. Banks discount it and advance loans?A. Draft B. GoldC. Pay order D. Bill of exchange Loading... 5. Inflation can be controlled by applying?A. All of the aboveB. Fiscal and commercial policies C. Monetary and fiscal policies D. Monetary and labour policy Loading... 6. According to Keynes, demand for money is affected by?A. Both (a) & (b)B. Literacy rate C. Rate of interest D. Income Loading... 7. Paper money is called fiat money because?A. It is light weightB. It is convertible into gold C. It can be easily printed D. It is issued with authority of government Loading... 8. In Pakistan, in the year 2007-08, money supply was about?A. UncountableB. Rs. 3400 billion C. Rs. 3400 trillion D. Rs. 3400 million Loading... 9. The quantity demanded of money rises?A. As the interest rises B. As the interest rate falls C. As the supply of money falls D. As the number of banks rises Loading... Loading... Related NTS Results Post:Viruses MCQs Test 02 Preparation OnlineBiology Mcqs Test 10 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 13 Online PreparationViruses MCQs Test 03 Preparation OnlineViruses MCQs Test 01 Preparation OnlineBiology Mcqs Test 08 Online Preparation
