| 1 |
Commercial banks accept deposits and provide |
Money
Loans
Bill of exchange
|
| 2 |
Cash cannot be directly obtaines from a bank against |
Cross cheque
Order cheque
bearer cheque
Traveller cheque
|
| 3 |
Profit and losss sharing is basis of finance under this system. |
Islamic
Capitalistic
Socialistic
None
|
| 4 |
It is assumption of quantity theory of money |
Velocity of circulation of money constant
Affects only industrial sector
Makes distribution of national income better
Has no effect on distribution of income
|
| 5 |
Velocity of circulation of money means. |
Total demand for money
Annual increase in currency notes
Number of timesa unit of money changes hands
total supoly of money
|
| 6 |
If we put this letter in the blank space we get quantity theory of money PY =M |
S
T
V
A
|
| 7 |
They are NOT much affected by rising prices. |
Salaried persons
Business
Debtors
Importers
|
| 8 |
Value of money and supply of money are related. |
Inversely
Directly
Govt.Law
Are not related
|
| 9 |
Value of money means |
General purchasing power of money
Gold purchased by money
Demand for money
Importance of money
|
| 10 |
According to Keynes people demand money for purposes . |
1
2
3
4
|
| 11 |
For the economy prices are beneficial |
Falling slowly
Rising slowly
Rising fast
Falling fast
|
| 12 |
The quantity demanded of money rises. |
As the intrest rate falls
As the intrest rate rises
As the supply of money falls
As the number of banks rises
|
| 13 |
Drung inflation |
Lenders lose borrowers gain
Borrowers and lenders both ose
Borrows lose lenders gain
All sections of the society gain
|
| 14 |
According to keynes demand for money is affected by |
Income
Rate of intest
Literacy rate
a and b of above
|
| 15 |
Banks discount it and adance loans. |
Draft
Bill of Exchange
pay order
Gold
|
| 16 |
Under normal circumstances the velocity of circulation of money in a contry is. |
100%
negative
Less than 10
Zero
|
| 17 |
Which One is equation of exchange. |
PT = MV
PV = MT
PM = TV
None
|
| 18 |
When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is. |
0.25
4
0.4
Billion Rupees
|
| 19 |
When value of money falls, they benefits more |
Debtors
Lenders
Farmers
Industrialist
|
| 20 |
Value of money in pakistan in determined by |
Govt of Pakistan
General Price Level
State Bank Pakistan
Value of Dollar
|
.gif)
Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
