Related InterviewSolutions

• Fisher’s Quantity Theory of money is based on the essential function of money as ………… (a) Measure of value (b) Store of value (c) Medium of exchange (d) Standard of deferred payment
• “Money can be anything that is generally acceptable as a means of exchange and that the same time acts as a measure and a store of value” , This definition was given by ………… (a) Crowther (b) A.C.Pigou (c) F.A.Walker (d) Francis Bacon
• Debit card is an example of ………(a) Currency (b) Paper currency (c) Plastic money (d) Money
• The study of alternating fluctuations in business activity is referred to in Economics as …… (a) Boom (b) Recession (c) Recovery (d) Trade cycle
• Which of the following is correctly matched:(a) The purchasing power of currency – Falling (b) Monetary measures are adopted by – State bank (c) The turning point from boom is – Inflation (d) Money supply means the total – Inflation amount of money in – World
• State Cambridge equations of value of money?
• Which of the following is correctly matched:(a) Store of value – Liquidity cash(b) Deflation – Rise in price (c) Trade cycle – Narrow money (d) Quantity theory of money – J.M. Keynes
• Bank rate is lowered during – (a) Inflation (b) Price (c) Employment (d) Deflation
• Which of the following is correctly matched:(a) Barter System – Technology (b) Gold Standard – Standard currency is directly linked with gold (c) Plastic money – Money value (d) Paper money – Smart card
• Which of the following is not correctly matched:(a) Money supply – Central Bank (b) Dear money policy – During Inflation (c) Value of money – Purchasing power (d) Black money – Narrow money