| 1 |
This is a difficulty of barter |
- A. Lack of double coincidence of wants
- B. Diffculty to produce goods at larger scale
- C. Lack of divisiblility of many goods
- D. All of the above
|
| 2 |
Paper money in Pakistan is |
- A. Inconvertible
- B. Convertible
- C. Linked to gold
- D. None of the above
|
| 3 |
Convert money means. |
- A. It can buy goods
- B. Govt. give gold against
- C. Illegal money
- D. Low value money
|
| 4 |
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
|
| 5 |
Money Material should be |
- A. Abundant
- B. Scarce
- C. Beautiful
- D. Heavy
|
| 6 |
Speculative demand for money depends upon |
- A. Income
- B. Investment
- C. Rate of Interest
- D. Central bank
|
| 7 |
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
|
| 8 |
In the equation MV =PY represents |
- A. Money supply
- B. Money Demand
- C. Maximum output
- D. Minimum Optput
|
| 9 |
If no money is used to exchange goods it is called. |
- A. Barter
- B. Currency
- C. Black Market
- D. Free Trade
|
| 10 |
Commercial Bank create |
- A. Credit money
- B. Token money
- C. Legal Money
- D. Do not create money
|
