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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

61 It is necessary that money material should be

Scarce

62 In Pakistan, what is money of account?

Rupee

63 What is barter system?

If no money is used to exchange good

64 What does Convertible money means?

Government can give gold against it

65 Money that is used as an official medium of exchange, what is it called?

Legal money

66 How can the government control inflation?

Increasing supply of goods

67 The Government of Pakistan issues currency on which basis?

Demand for money in the country

68 What type of relation does quantity of money has with supply of money?

Inverse

69 What does Commercial banks create?

Credit money

70 A Cheque is

Not a money

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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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