By: Prof. Dr. Fazal Rehman | Last updated: March 3, 2022
Economics Mcq’s From Books Latest edition
1: ………can’t be taken as money…a: credit b: currency notes c: coinsd: paper moneye: gold and silverf: none of these
Answer - Click Here:
E
2: Choose one of these amount cannot be transfer…a: pensionb: scholarshipc: zakat d: taxese: none of thesef: all of these
Answer - Click Here:
D
3: Credit card used as instrument of…a: money of accountb: goldc: coinsd: paper moneye: credit moneyf: metallic money
Answer - Click Here:
E
4: Measuring the national income with ……. steps…a: fiveb: threec: twod: foure: sixf: eleven
Answer - Click Here:
B
5: Optional money is also called…a: near moneyb: money of accountc: paper moneyd: legal tender moneye: credit moneyf: currency notes
Answer - Click Here:
E
6: Which of the following is not the part of illegal money…a: GNPb: NNPc: GDPd: both a and be: all of thesef: none of these
Answer - Click Here:
E
7: Meaning the value of money…a: deflationb: tausingc: investmentd: purchasing power of moneye: inflationf: none of these
Answer - Click Here:
D
8: Convertible paper money can be exchange with…a: silverb: metalicc: goldd: tokene: coinsf: all of these
Answer - Click Here:
C
9: Investment theory of trade cycles represented by…a: keynesb: hicksc: gordond: fostere: esteyf: samuelson
Answer - Click Here:
A
10: Which type of money can easily be converted in cash…a: legal tender moneyb: Metallic moneyc: standard moneyd: near moneye: token moneyf: paper money
Answer - Click Here:
D
11: Select one of the most appropriate feature of trade cycle…a: national in natureb: commercial in naturec: local in nature d: international in naturee: neither a nor bf: neither c or d
Answer - Click Here:
D
12: Which of the following is also called the national income…a: national wealthb: national consumptionc: national productd:national expendituree: both c or df: none of these