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Economics MCQs For Lectureship CSS PMS And NTS Part IV

Home/ Economics MCQs For Lectureship CSS PMS And NTS Part IV
Economics MCQs For Lectureship CSS PMS And NTS Part IV

Economics MCQs For Lectureship CSS PMS And NTS Part IV

Ambitious January 22, 2018 MCQs 1 Comment 0 views

91 With reference to currency system of a country, what does token money means?

The money which has higher face value

92 The paper money in Pakistan is

Incontrovertible

93 The characteristic of liquidity belongs to

Good money

94 What is Credit money?

A kind of money

95 What happened to purchasing power of money during deflation?

Increased

96 What is Velocity of circulation of money?

The number of times a unit of money changes hand annually

97 Who gave the equation of exchange PT = MV?

Fisher

98 In Pakistan the value of money is determined by

General price level

99 With the fall of money value, who gets more benefit?

Debtors

100 If the quantity of money is doubled then according to Quantity theory, what will be the value of money?

½

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About StaffAmbitious

Askedon helps aspirants in their preparation for CSS, PMS, PCS and one paper MCQs based tests. We have syllabus wise complete notes of Current Affairs, Pakistan Affairs, Islamiat, Essay, Gender Studies and many other compulsory and optional subjects of CSS, PMS and PCS. The blog is owned and managed primarily by Ataulhaq Yusufzai. For more details please visit About US and Privacy Policy page.

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