12th Standard Syllabus & Materials
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TN 12th Computer Applications வலையமைப்பு வடமிடல் Sample Question Papers Study Material - QB365 Set A
Published on: 02/09/2022
QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Economics Subject - Monetary Economics , English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test
1.
_____inflation is in no way dangerous to the economy.
walking
running
creeping
galloping
2.
When prices rise slowly, we call it
galloping inflation
mild inflation
hyper inflation
deflation
3.
V in MV = PT equation stands for
Volume of trade
Velocity of circulation of money
Volume of transaction
Volume of bank and credit money
4.
Fisher’s Quantity Theory of money is based on the essential function of money as
measure of value
store of value
medium of exchange
standard of deferred payment
5.
Debit card is an example of
currency
paper currency
plastic money
money
6.
“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
Crowther
A.C.Pigou
F.A.Walker
Francis Bacon
7.
During depression the level of economic activity becomes extremely
high
bad
low
good
8.
The study of alternating fluctuations in business activity is referred to in Economics as
Boom
Recession
Recovery
Trade cycle
9.
Stagflation combines the rate of inflation with
Stagnation
employment
output
price
10.
_________is a decrease in the rate of inflation.
Disinflation
Deflation
Stagflation
Depression
11.
During inflation, who are the gainers?
Debtors
Creditors
Wage and salary earners
Government
12.
___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.
Cost-push
demand pull
running
galloping
13.
__________inflation results in a serious depreciation of the value of money.
Creeping
Walking
running
Hyper
14.
Inflation means
Prices are rising
Prices are falling
Value of money is increasing
Prices are remaining the same
15.
MV stands for
demand for money
supply of legal tender money
Supply of bank money
Total supply of money
16.
Irving Fisher’s Quantity Theory of Money was popularized in
1908
1910
1911
1914
17.
The basic distinction between M1 and M2 is with regard to
post office total deposits
saving deposits with post office savings bank
Terms deposits of banks
currency
18.
Paper currency system is managed by the______.
Central Monetary authority
State Government
Central Government
Banks
19.
Money is _____.
acceptable only when it has intrinsic value
constant in purchasing power
the most liquid of all assets
needed for allocation of resources
20.
The RBI Headquarters is located at
Delhi
Chennai
Mumbai
Bengaluru
1.
(c)
creeping
2.
(b)
mild inflation
3.
(b)
Velocity of circulation of money
4.
(c)
medium of exchange
5.
(c)
plastic money
6.
(a)
Crowther
7.
(c)
low
8.
(d)
Trade cycle
9.
(a)
Stagnation
10.
(a)
Disinflation
11.
(a)
Debtors
12.
(a)
Cost-push
13.
(d)
Hyper
14.
(a)
Prices are rising
15.
(b)
supply of legal tender money
16.
(c)
1911
17.
(b)
saving deposits with post office savings bank
18.
(a)
Central Monetary authority
19.
(c)
the most liquid of all assets
20.
(c)
Mumbai
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Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
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