11th class Principles of Economics chapter 12 online mcq test with answers for I.Com part 1 Principles of Economics chapter 12(International Trade)

Principles of Economics Icom Part 1 English Medium Chapter 12 Online Test

Sr. #	Questions	Answers Choice
1	Cheque is which kind of money:	Credit money Paper money Standard money Legal money
2	The first great depression was appeared in:	1934 1930 1932 1936
3	Recent international depression was appeared in:	1936 1990 2005 2008
4	Inflation can be controlled by:	Fiscal policy Monetary policy Trade policy Both a and b
5	When there is inflation attached with high unemployment level, it is called ?	Stagflation Hyper inflation Demand pull inflation Cost push inflation
6	When general price level increases due to increase in cost of production, it is known as ?	Stagflation Hyper inflation Demand pull inflation Cost push inflation
7	When general price level increases due to increase in aggregate demand, it is known as?	Stagflation Hyper inflation Demand pull inflation Cost push inflation
8	Deflation means:	Rapid increase in price level General decrease in price level General increase in price level Both a and c
9	The term "inflation" means:	Rapid increase in price level Decrease in price level General increase in price level Both a and c
10	Quantity theory of money was criticized by:	Marshall Sameulson Keynes Both b and c
11	The relation between quantity of money and price is:	Positive Negative Direct Inverse
12	The relation between quantity of money and value of money is:	Positive Negative Direct Inverse
13	Quantity theory of money was introduced in an equation by:	Fisher Marshall Crowther Tausigg
14	Quantity theory of money was introduced by:	Fisher Marshall Crowther J.S Mill
15	The most appropriate definition of money was given by:	F.A.Walker Keynes Pigou Crowther

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