12th Class Principles of Economics Chapter 4 Test

12th class I.Com Part 2 Principles of Economics chapter 4 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 4 Test

Start Chapter 4 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 4 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 When value of money falls, they benefits more
  • A. Debtors
  • B. Lenders
  • C. Farmers
  • D. Industrialist
2 They are NOT much affected by rising prices.
  • A. Salaried persons
  • B. Business
  • C. Debtors
  • D. Importers
3 Pursching power of money during defiation is.
  • A. Increased
  • B. Reduced
  • C. Constant
  • D. Fluctuating
4 Value of money in pakistan in determined by
  • A. Govt of Pakistan
  • B. General Price Level
  • C. State Bank Pakistan
  • D. Value of Dollar
5 Value of money means
  • A. General purchasing power of money
  • B. Gold purchased by money
  • C. Demand for money
  • D. Importance of money
6 It is assumption of quantity theory of money
  • A. Velocity of circulation of money constant
  • B. Affects only industrial sector
  • C. Makes distribution of national income better
  • D. Has no effect on distribution of income
7 Drung inflation
  • A. Lenders lose borrowers gain
  • B. Borrowers and lenders both ose
  • C. Borrows lose lenders gain
  • D. All sections of the society gain
8 If we put this letter in the blank space we get quantity theory of money PY =M
  • A. S
  • B. T
  • C. V
  • D. A
9 When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.
  • A. 0.25
  • B. 4
  • C. 0.4
  • D. Billion Rupees
10 For the economy prices are beneficial
  • A. Falling slowly
  • B. Rising slowly
  • C. Rising fast
  • D. Falling fast

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