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
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
3: Credit card used as instrument of…
a: money of account
b: gold
c: coins
d: paper money
e: credit money
f: metallic money
4: Measuring the national income with ……. steps…
a: five
b: three
c: two
d: four
e: six
f: eleven
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
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
7: Meaning the value of money…
a: deflation
b: tausing
c: investment
d: purchasing power of money
e: inflation
f: none of these
8: Convertible paper money can be exchange with…
a: silver
b: metalic
c: gold
d: token
e: coins
f: all of these
9: Investment theory of trade cycles represented by…
a: keynes
b: hicks
c: gordon
d: foster
e: estey
f: samuelson
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
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
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