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Published on: 06/11/2020
12th Standard Economics Monetary Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021
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.
Find which is not a an example of Fixed income Groups?
wages
salary
pension
organization
2.
_____ can be possible When prices rise moderately and the annual inflation rate is a single digit ( 3% - 9%).
Walking Inflation
Running Inflation
Creeping Inflation
Hyper Inflation
3.
In Keynes extended equation: n = p (k + rk') or p = n/(k + rk'), which one is wrongly denoted?
n = total money supply
p = price level of consumer goods
k = peoples desire to hold money in hand (in terms of consumer goods) in the total income of them
r = community’s total money deposit in banks, in terms of consumers goods
4.
Who published the book, "The Purchasing Power of Money” in 1911.
Arthur
Hicks
Irving Fisher
Pigou
5.
Expand the RDR
Renew deposit Ratio (RDR)
Reserve development Ratio (RDR)
Rational deposit Ratio (RDR)
Reserve deposit Ratio (RDR)
6.
______ and _____ are known as broad money.
M2 and M3
M3 and M4
M1 and M2
M1 and M4
7.
What is the basis of the Credit System?
State
Computer
PAYTM
Money
8.
_____ is a monetary arrangement in which a country’s Government allows conversion of its currency into fixed amount of silver.
The Gold Standard
The silver standard
The Metallic standard
None of the above
9.
_____ is a branch of economics that provides a framework for analyzing money.
Fiscal Economics
Micro Economics
Monetary Economics
International Economics
10.
________system is managed by the Central Monetary Authority.
Plastic money
Metallic Standard
Silver standard
Paper currency
11.
''A state of abnormal increase in the quantity of purchasing power" was said by_____.
Coulbourn
Gregorye
Ricardo
Malthus
12.
The general form of equation given by fisher is______
MV=PT
M = KPY
N= P/K
None of the above
13.
The symbol of India rupee came into use on________
15th July, 2010
16th July, 2010
15th June, 2010
16th June, 2010
14.
Barter system was introduced by________
Mesopetamia tribes
Babylonian's
Both 'a' and 'b'
None of the above
15.
Deflation means
Prices are rising
Prices are falling
Value of money is increasing
Prices are remaining the same
16.
V in MV = PT equation stands for
Volume of trade
Velocity of circulation of money
Volume of transaction
Volume of bank and credit money
17.
During depression the level of economic activity becomes extremely
high
bad
low
good
18.
Stagflation combines the rate of inflation with
Stagnation
employment
output
price
19.
__________inflation results in a serious depreciation of the value of money.
Creeping
Walking
running
Hyper
20.
MV stands for
demand for money
supply of legal tender money
Supply of bank money
Total supply of money
1.
(d)
organization
2.
(a)
Walking Inflation
3.
(d)
r = community’s total money deposit in banks, in terms of consumers goods
4.
(c)
Irving Fisher
5.
(d)
Reserve deposit Ratio (RDR)
6.
(b)
M3 and M4
7.
(d)
Money
8.
(b)
The silver standard
9.
(c)
Monetary Economics
10.
(d)
Paper currency
11.
(b)
Gregorye
12.
(a)
MV=PT
13.
(a)
15th July, 2010
14.
(a)
Mesopetamia tribes
15.
(b)
Prices are falling
16.
(b)
Velocity of circulation of money
17.
(c)
low
18.
(a)
Stagnation
19.
(d)
Hyper
20.
(b)
supply of legal tender money
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History
Computer Applications
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Business Maths and Statistics
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Maths
Chemistry
Physics
Computer Technology
History
Accountancy
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