Money and Value of Money Test 7 Mcqs Online Preparation

Test Instructions

Money and Value of Money Test 7 Mcqs Online Preparation

1. Under normal circumstances, the velocity of circulation of money in a country is?
A.
B.
C.
D.

2. Banks discount it and advance loans?
A.
B.
C.
D.

3. The quantity demanded of money rises?
A.
B.
C.
D.

4. Paper money is called fiat money because?
A.
B.
C.
D.

5. In Pakistan, in the year 2007-08, money supply was about?
A.
B.
C.
D.

6. Inflation is a situation when?
A.
B.
C.
D.

7. During inflation?
A.
B.
C.
D.

8. According to Keynes, demand for money is affected by?
A.
B.
C.
D.

9. Inflation can be controlled by applying?
A.
B.
C.
D.


 

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