Monetary Economics Book Back Questions

12th Standard EM

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Economics

Time : 00:45:00 Hrs
Total Marks : 30
    5 x 1 = 5
  1. The RBI Headquarters is located at

    (a)

    Delhi

    (b)

    Chennai

    (c)

    Mumbai

    (d)

    Bengaluru

  2. Inflation means

    (a)

    Prices are rising

    (b)

    Prices are falling

    (c)

    Value of money is increasing

    (d)

    Prices are remaining the same

  3. ___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.

    (a)

    Cost-push

    (b)

    demand pull

    (c)

    running

    (d)

    galloping

  4. Stagflation combines the rate of inflation with

    (a)

    Stagnation

    (b)

    employment

    (c)

    output

    (d)

    price

  5. “Money can be anything that is generally acceptable as a means of exchange and that thesame 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

  6. 3 x 2 = 6
  7. Define Money

  8. What is gold standard?

  9. What is Stagflation?

  10. 3 x 3 = 9
  11. Write a note on metallic money

  12. Write the types of inflation

  13. Explain disinflation

  14. 2 x 5 = 10
  15. Illustrate Fisher’s Quantity theory of money.

  16. Describe the phases of Trade cycle.

*****************************************

TN 12th Standard EM Economics free Online practice tests

Reviews & Comments about 12th Standard Economics - Monetary Economics Book Back Questions

Write your Comment