1 |
Cash can NOT be directly drawn fro a bank against |
- A. Cross Cheque
- B. Order cheque
- C. Bearer cheque
- D. Traveller cheque
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2 |
Paper money in Pakistan is |
- A. Inconvertible
- B. Convertible
- C. Linked to gold
- D. None of the above
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3 |
Cross cheque has a cross sign in the |
- A. Right side upper comer
- B. Right side lowr comer
- C. It does not have cross sign
- D. Left side upper corner
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4 |
Cheque is |
- A. Legal Money
- B. Credit money
- C. Paper money
- D. Not money
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5 |
In the equation MV =PY represents |
- A. Money supply
- B. Money Demand
- C. Maximum output
- D. Minimum Optput
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6 |
In Pakistan money a account is |
- A. Paisa
- B. Rupee
- C. Gold
- D. Dollar
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7 |
According to Keynesmotives for holding money are. |
- A. Two
- B. Three
- C. Four
- D. Five
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8 |
This is a characteristic of good money |
- A. High intrinsic value
- B. Liquidity
- C. Attractive design
- D. Easy to duplicate
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9 |
In the equation MV =Py. V represents |
- A. Value of money
- B. Velocity of circulation of money
- C. Variation of nation income
- D. All of the above
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10 |
Convert money means. |
- A. It can buy goods
- B. Govt. give gold against
- C. Illegal money
- D. Low value money
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