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Practice the Economics Money and Value of Money quiz to improve your knowledge and exam readiness.

1. Rupee is a coin:

2. Cash cannot be directly drawn from a bank against:

3. Money material should be:

4. In Pakistan money of account is:

5. If no money is used to exchange goods it is called:

6. Which is not the function of money:

7. Which is money:

8. Convertible money means:

9. Barter has the defect:

10. Legal money is called so because:

11. It is the medium of exchange:

12. The govt. can control inflation by:

13. Government of Pakistan issues currency on the basis of:

14. Quantity of money has relation with value of money:

15. Commercial banks create:

16. Cheque is:

17. The most important feature of money:

18. It can change money supply:

19. Which of the following increases money supply in the country?

20. Paper money came into use:

21. Which property the paper money does not possess:

22. A saving account in a bank represents the function of money:

23. A student records her income and spending for past month she uses the funtion of money

24. It implements monetary policy of the country:

25. Which property paper money does NOT Possess

26. Anything used as money must be:

27. What will promote savings?

28. Treasury Bill is a document used for:

29. Which does NOT represent a method of payment?

30. Which is NOT a desirable characteristic of money?

31. Speculative demand for money depends upon:

32. If money supply in a country decreases:

33. In the equation MV = PY V represents:

34. In the equation MV = PY M represents:

35. Accourding to Keynes motives for holding money are:

36. Quantity Theory of Money explains that:

37. Cross cheque has a cross sign (X) in the:

38. Cross cheque means:

39. It is true to say about kinds of inflation:

40. Liquidity of a monetary asset means:

41. Barter means:

42. With reference to currency system of a country token money means:

43. Ten-rupee note is:

44. Paper money in Pakistan is:

45. Government securities:

46. Which is the characteristic of a good money:

47. This is a characteristic of good money:

48. It is a kind of money:

49. This is NOT money

50. Cross cheque:

51. It is included in kinds of money:

52. In payment of debt people can use this kind of money:

53. Purchasing power of money during deflation is:

54. Velocity of circulation of money means the number of times a unit of money

55. The equation of exchange PT = MV was given by:

56. Value of money in Pakistan is determined by:

57. When value of money falls they benefit more:

58. Which one is equation of exchange?

59. Inflation can be controlled by applying:

60. Inflation is a situation when :

61. Under normal circumstances the velocity of circulation of money in a country is:

62. In Pakistan in the year 2007-08 money supply was about

63. Banks discount it and advance loans:

64. Paper money is called fiat money because

65. According to Keynes demand for money is affected by:

66. During inflation:

67. The quantity demanded of money rises:

68. Which people are most likely to gain during inflation?

69. If quantity of money increases 100% other things remaining constant value of money changes by: