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12th Standard English Medium Economics Subject Monetary Economics Creative 1 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. During inflation, who are gainers?

    (a)

    Creditors

    (b)

    Wage and salary earners

    (c)

    Government

    (d)

    Business men 

  2. India is the________ country to accept a unique currency symbol.

    (a)

    4th

    (b)

    6th

    (c)

    5th

    (d)

    7th

  3. Barter system was introduced by________ tribes.

    (a)

    Mesopotamia

    (b)

    Phoenician

    (c)

    Babylonian

    (d)

    Jarwa

  4. Irving Fisher's _______ was published in 1911.

    (a)

    Quantity theory of money

    (b)

    Liquidity preference

    (c)

    Quality theory of money

    (d)

    Both 'b' and 'c'

  5. Gold Standard is a system in which the value of the monetary unit or the standard currency is _____ linked with gold.

    (a)

    directly

    (b)

    indirectly

    (c)

    positively

    (d)

    negatively

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