Economics Money and Value of Money Test 7 Mcqs Online Preparation 0 Money and Value of Money Test 7 Mcqs Online Preparation 1. Banks discount it and advance loans?A. Pay order B. Bill of exchange C. GoldD. Draft Loading... 2. 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... 3. Paper money is called fiat money because?A. It is issued with authority of government B. It is convertible into gold C. It is light weightD. It can be easily printed Loading... 4. According to Keynes, demand for money is affected by?A. Rate of interest B. Literacy rate C. Income D. Both (a) & (b) Loading... 5. Inflation can be controlled by applying?A. Fiscal and commercial policies B. All of the aboveC. Monetary and fiscal policies D. Monetary and labour policy Loading... 6. During inflation?A. Lenders lose, borrowers gain B. Borrowers and lenders both lose C. All sections of the society gainD. Borrowers lose, lenders gain Loading... 7. The quantity demanded of money rises?A. As the interest rate falls B. As the supply of money falls C. As the number of banks risesD. As the interest rises Loading... 8. Inflation is a situation when?A. General price level rises continuously B. Prices of some goods rise C. Prices rise and fallD. Prices double every year Loading... 9. Under normal circumstances, the velocity of circulation of money in a country is?A. Negative B. Less than 10 C. ZeroD. 100% Loading... Loading... Related PostsMoney and Value of Money Test 6 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 02 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 6 Mcqs Online PreparationNext Money and Value of Money Test 8 Mcqs Online Preparation 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Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published.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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