2nd Year Economics Chapter 4 Online MCQ Test for 12th Class Economics Chapter 4 (Value of Money)

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ICS Part 2 Economics English Medium Chapter 4 Test

ICS Part 2 Economics English Medium Chapter 4 Online Test

Try the ICS Part 2 Economics English Medium Chapter 4 Online Test.

  • Total Questions17

  • Time Allowed20

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ICS Part 2 Economics English Medium Chapter 4 Online Test

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Question # 1

According to Keynes people demand money for purposes .

Question # 2

The equation of exchange PT =MV was given by

Question # 3

Value of circulation money means by number of times a unit of money

Question # 4

According to keynes demand for money is affected by

Question # 5

Pursching power of money during defiation is.

Question # 6

If we put this letter in the blank space we get quantity theory of money PY =M

Question # 7

For the economy prices are beneficial

Question # 8

Under normal circumstances the velocity of circulation of money in a contry is.

Question # 9

Banks discount it and adance loans.

Question # 10

When value of money falls, they benefits more

Question # 11

Which One is equation of exchange.

Question # 12

Value of money means

Question # 13

Value of money and supply of money are related.

Question # 14

Velocity of circulation of money means.

Question # 15

They are NOT much affected by rising prices.

Question # 16

The quantity demanded of money rises.

Question # 17

When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.

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