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31.

Speculative demand for money depends upon:

A.	Income	B.	Investment
C.	Rate of interest	D.	Central bank

32.

If money supply in a country decreases:

A.	Prices will rise	B.	Prices will fall
C.	Rate of interest falls	D.	(b) and (c) of above

33.

In the equation MV = PY, V represents:

A.	Value of money	B.	Velocity of circulation of money
C.	Variation of nation income	D.	All of the above

34.

In the equation MV = PY, M represents:

A.	Money supply	B.	Money demand
C.	Maximum output	D.	Minimum output

35.

Accourding to Keynes, motives for holding money are:

A.	Two	B.	Three
C.	Four	D.	Five

36.

Quantity Theory of Money explains that:

A.	Value of money depends upon quantity of money	B.	Rate of interest depends upon quantity of money
C.	Quantity of investment depends upon quantity of money	D.	Supply of money depends upon quantity of money

37.

Cross cheque has a cross sign (X) in the:

A.	Right side upper corner	B.	Right side lower corner
C.	Left side upper corner	D.	It does not have cross sign (X)

38.

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

39.

It is true to say about kinds of inflation:

A.	Demand pull and cost push inflation	B.	Demand pull and cost push industry
C.	Demand pull and income pull inflation	D.	None of the above

40.

Liquidity of a monetary asset means:

A.	Velocity of circulation of money	B.	Easy availability of oney
C.	Ready acceptability of monetary asset	D.	The monetary asset has lost it value