When the rate of inflation increases: – McqOptions

MCQOPTIONS

1.	When the rate of inflation increases:
A.	Purchasing power of money increased
B.	Purchasing power of money decreases
C.	Value of money decreases
D.	Purchasing power of money remains unaffected
E.	Amount of money in circulation decreases
Answer» C. Value of money decreases

Discussion

No Comment Found

Related MCQs

A practice in the insurance industry where in the insurer passes some parts of all risks to another insurer for a fee is known as? [NIACL AC) 2015]
Bank's mandatory lending to farmers for agriculture, micro and small enterprises and other weaker sections wherein banks are required to end up to 40% of the loan is generally described as?- [ IBPS, 2013]
Monetary policy in India is formulated by ? [SSC, LDC, 2012]
Which one of the following is an example of Non-Banking financial Institution? [SSCLDC2012]
Man bearers of the burden of indirect tax are? [SSC S.O. 2005]
A tax levied on the values that are added to goods and services by the producers at various stages of production and distribution is called?
A new scheme has been announced in the Budget 2012-13 giving tax exemptions to first time equity market investors. The scheme is titled as ? [SBI] Asst. Clerk 2012]
Which of the following term is not associated with banking/finance? [IBPS RRB O.A. 2012]
The term "plastic Money" refers to ? [SBI Associate Clerk 2012]
A cheque bearing the date earlier than the date of submission to the bank is known as? [SBI Clerk 2014]