Notes Public Finance-Online Practice Exam 15 December 31, 2023 April 19, 2024 NET / SET Online Practice Exams Public Finance Test Multi-choice 15 Question 1. Money supply is a Answers Option 1 Flow concept Option 2 Stock concept Option 3 Both of the above Option 4 None of these Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. Increase in monetary deficit will lead to in crease in Answers Option 1 Money demand Option 2 High powered money Option 3 Saving Option 4 Export Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Inflationary expectations will lead to Answers Option 1 Rise in velocity of money Option 2 Fall in velocity of money Option 3 Constant velocity of money Option 4 Can’t say with certainty Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Coins are issued by Answers Option 1 RBI Option 2 Central government Option 3 Local government Option 4 State government Feedback Wrong choice Correct selection Wrong choice Incorrect option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Notes are issued by Answers Option 1 RBI Option 2 Central government Option 3 Local government Option 4 State government Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. Hoarding of money leads to Answers Option 1 Decrease in money Option 2 Increase in money supply Option 3 Constant money supply Option 4 Can’t say with certainty Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. If high powered money increases by 10%, then money supply will increase by Answers Option 1 10% Option 2 More than 10% Option 3 Less than 10% Option 4 Can’t say with certainty Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Which of the following is a function of money? Answers Option 1 Medium of exchange Option 2 Store of value Option 3 Transfer of value Option 4 All of these Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 9. Classicals ignored Answers Option 1 Speculative motive Option 2 Transaction motive Option 3 Precautionary motive Option 4 None of the above Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. High powered money is controlled by Answers Option 1 Business Option 2 Government Option 3 Public Option 4 None of the above Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Prepared by www.myeconomics.in << Prev Next >> "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook Twitter
Multi-choice 15 Question 1. Money supply is a Answers Option 1 Flow concept Option 2 Stock concept Option 3 Both of the above Option 4 None of these Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. Increase in monetary deficit will lead to in crease in Answers Option 1 Money demand Option 2 High powered money Option 3 Saving Option 4 Export Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Inflationary expectations will lead to Answers Option 1 Rise in velocity of money Option 2 Fall in velocity of money Option 3 Constant velocity of money Option 4 Can’t say with certainty Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Coins are issued by Answers Option 1 RBI Option 2 Central government Option 3 Local government Option 4 State government Feedback Wrong choice Correct selection Wrong choice Incorrect option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Notes are issued by Answers Option 1 RBI Option 2 Central government Option 3 Local government Option 4 State government Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. Hoarding of money leads to Answers Option 1 Decrease in money Option 2 Increase in money supply Option 3 Constant money supply Option 4 Can’t say with certainty Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. If high powered money increases by 10%, then money supply will increase by Answers Option 1 10% Option 2 More than 10% Option 3 Less than 10% Option 4 Can’t say with certainty Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Which of the following is a function of money? Answers Option 1 Medium of exchange Option 2 Store of value Option 3 Transfer of value Option 4 All of these Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 9. Classicals ignored Answers Option 1 Speculative motive Option 2 Transaction motive Option 3 Precautionary motive Option 4 None of the above Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. High powered money is controlled by Answers Option 1 Business Option 2 Government Option 3 Public Option 4 None of the above Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback)
Multi-choice 15 Question 1. Money supply is a Answers Option 1 Flow concept Option 2 Stock concept Option 3 Both of the above Option 4 None of these Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. Increase in monetary deficit will lead to in crease in Answers Option 1 Money demand Option 2 High powered money Option 3 Saving Option 4 Export Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 3. Inflationary expectations will lead to Answers Option 1 Rise in velocity of money Option 2 Fall in velocity of money Option 3 Constant velocity of money Option 4 Can’t say with certainty Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Coins are issued by Answers Option 1 RBI Option 2 Central government Option 3 Local government Option 4 State government Feedback Wrong choice Correct selection Wrong choice Incorrect option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 5. Notes are issued by Answers Option 1 RBI Option 2 Central government Option 3 Local government Option 4 State government Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 6. Hoarding of money leads to Answers Option 1 Decrease in money Option 2 Increase in money supply Option 3 Constant money supply Option 4 Can’t say with certainty Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. If high powered money increases by 10%, then money supply will increase by Answers Option 1 10% Option 2 More than 10% Option 3 Less than 10% Option 4 Can’t say with certainty Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Which of the following is a function of money? Answers Option 1 Medium of exchange Option 2 Store of value Option 3 Transfer of value Option 4 All of these Feedback Wrong choice Incorrect option Wrong choice Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 9. Classicals ignored Answers Option 1 Speculative motive Option 2 Transaction motive Option 3 Precautionary motive Option 4 None of the above Feedback Correct selection Wrong choice Incorrect option Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. High powered money is controlled by Answers Option 1 Business Option 2 Government Option 3 Public Option 4 None of the above Feedback Wrong choice Correct selection Incorrect option Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback)
