Economics Mcq’s From Books Latest edition

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: coins d: paper money e: gold and silver f: none of these
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E
2: Choose one of these amount cannot be transfer… a: pension b: scholarship c: zakat d: taxes e: none of these f: all of these
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D
3: Credit card used as instrument of… a: money of account b: gold c: coins d: paper money e: credit money f: metallic money
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E
 
4: Measuring the national income with ……. steps… a: five b: three c: two d: four e: six f: eleven
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B
5: Optional money is also called… a: near money b: money of account c: paper money d: legal tender money e: credit money f: currency notes
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E
6: Which of the following is not the part of illegal money… a: GNP b: NNP c: GDP d: both a and b e: all of these f: none of these
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E
7: Meaning the value of money… a: deflation b: tausing c: investment d: purchasing power of money e: inflation f: none of these
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D
8: Convertible paper money can be exchange with… a: silver b: metalic c: gold d: token e: coins f: all of these
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C
9: Investment theory of trade cycles represented by… a: keynes b: hicks c: gordon d: foster e: estey f: samuelson
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A
10: Which type of money can easily be converted in cash… a: legal tender money b:  Metallic money c: standard money d: near money e: token money f: paper money
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D
11: Select one of the most appropriate feature of trade cycle… a: national in nature b: commercial in nature c: local in nature  d: international in nature e: neither a nor b f: neither c or d
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D
12: Which of the following is also called the national income… a: national wealth b: national consumption c: national product d:national expenditure e: both c or d f: none of these
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E
 

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