Cross cheque means:
A) It has been cancelled
B) Cash cannot be directly drawn from the bank
C) It has two lines drawn in left upper corner
D) (b) and (c) of above
Correct Answer:
Verified
Q2: Purchasing power of money during deflation is:
A)Reduced
B)Increased
C)Constant
D)Fluctuating
Q3: Velocity of circulation of money means the
Q4: The equation of exchange PT = MV
Q5: When value of money falls, they benefit
Q6: When the nation's money supply is Rs.
Q7: Which one is equation of exchange?
A)PT =
Q8: Inflation can be controlled by applying:
A)Monetary and
Q9: Inflation is a situation when:
A)Prices of some
Q10: Under normal circumstances, the velocity of circulation
Q11: According to Keynes, demand for money is
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