12th Class Principles of Economics Chapter 3 Test

12th class I.Com Part 2 Principles of Economics chapter 3 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 3 Test

Start Chapter 3 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 3 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Cash can NOT be directly drawn fro a bank against
  • A. Cross Cheque
  • B. Order cheque
  • C. Bearer cheque
  • D. Traveller cheque
2 Paper money in Pakistan is
  • A. Inconvertible
  • B. Convertible
  • C. Linked to gold
  • D. None of the above
3 Cross cheque has a cross sign in the
  • A. Right side upper comer
  • B. Right side lowr comer
  • C. It does not have cross sign
  • D. Left side upper corner
4 Cheque is
  • A. Legal Money
  • B. Credit money
  • C. Paper money
  • D. Not money
5 In the equation MV =PY represents
  • A. Money supply
  • B. Money Demand
  • C. Maximum output
  • D. Minimum Optput
6 In Pakistan money a account is
  • A. Paisa
  • B. Rupee
  • C. Gold
  • D. Dollar
7 According to Keynesmotives for holding money are.
  • A. Two
  • B. Three
  • C. Four
  • D. Five
8 This is a characteristic of good money
  • A. High intrinsic value
  • B. Liquidity
  • C. Attractive design
  • D. Easy to duplicate
9 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
10 Convert money means.
  • A. It can buy goods
  • B. Govt. give gold against
  • C. Illegal money
  • D. Low value money

Chapterwise Lists

Chapter Name Questions PDF File
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Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
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