| 1 |
According to Keynesmotives for holding money are. |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 2 |
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
|
| 3 |
Rupee is a coin |
- A. Full value
- B. Token money
- C. Credite money
- D. Convertible
|
| 4 |
Which is the charactertistic of good money |
- A. Has good design
- B. Has high value
- C. Has a fixed value in gold
- D. Is readily accepted by people
|
| 5 |
Cheque is |
- A. Legal Money
- B. Credit money
- C. Paper money
- D. Not money
|
| 6 |
Which is not a Function of money |
- A. Make demand and supply equal
- B. Medium of exchange
- C. Store of value
- D. Meaasure of value
|
| 7 |
If no money is used to exchange goods it is called. |
- A. Barter
- B. Currency
- C. Black Market
- D. Free Trade
|
| 8 |
This is a characteristic of good money |
- A. High intrinsic value
- B. Liquidity
- C. Attractive design
- D. Easy to duplicate
|
| 9 |
In Pakistan money a account is |
- A. Paisa
- B. Rupee
- C. Gold
- D. Dollar
|
| 10 |
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
|
