| 1 |
Prof Fisher presented quantity theory of money in the form of an equation in |
- A. 1905
- B. 1911
- C. 1915
- D. 1917
|
| 2 |
Cheque, bill of exchange etc are |
- A. Metallic money
- B. Paper money
- C. Credit money
- D. Near money
|
| 3 |
According to quantity theory of money one halving the quantity of money prices |
- A. Increase
- B. Double
- C. Decrease
- D. One half
|
| 4 |
One of the following is not the cause of deflation |
- A. Decrease in demand for goods
- B. Decrease in consumption
- C. Increase in quantity of money
- D. Increase in supply of goods
|
| 5 |
Saving deposits and time deposits of the banks, Govt. securities and shares of the companies are called |
- A. Token money
- B. Money of account
- C. Standard money
- D. Near money
|
| 6 |
Which is considered as a transfer payment |
- A. wages
- B. salaries
- C. prices
- D. unemployment allowances
|
| 7 |
One rupee note in paper money is |
- A. Inconvertible paper money
- B. Convertible paper money
- C. Limited legal tender money
- D. Unlimited legal tender money
|
| 8 |
Basic characteristics of good money are |
- A. General acceptability, durability
- B. Homogeneity,divisibility
- C. Transferability, recognizability, convertibility
- D. All
|
| 9 |
Net National product is equal to |
- A. GNP + Depreciation expenditure
- B. GDP + Depreciation expenditure
- C. GNP - Depreciation expenditure
- D. GDP - Depreciation expenditure
|
| 10 |
"Money is a thing by which payments of agreements of borrowing and pricing are made and general purchasing power is stored in it." This definition of money is stated by the economist |
- A. Prof Marshall
- B. Prof Walker
- C. Prof Keynes
- D. Prof Crowther
|
