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Online Tests
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test MCQs With Answers
Question # 1
This is a characteristic of good money
Choose an answer
High intrinsic value
Liquidity
Attractive design
Easy to duplicate
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Question # 2
It is the medium of exchange
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Black money
Currency
Near money
Foreign exchange
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Question # 3
Which is the charactertistic of good money
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Has good design
Has high value
Has a fixed value in gold
Is readily accepted by people
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Question # 4
Which is not a Function of money
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Make demand and supply equal
Medium of exchange
Store of value
Meaasure of value
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Question # 5
Speculative demand for money depends upon
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Income
Investment
Rate of Interest
Central bank
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Question # 6
This is a characeristics of good money
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High intricnsic value
General acceptability
Atractive design
Easy of duplicate
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Question # 7
In Pakistan money a account is
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Paisa
Rupee
Gold
Dollar
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Question # 8
According to Keynesmotives for holding money are.
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Two
Three
Four
Five
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Question # 9
Cash can NOT be directly drawn fro a bank against
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Cross Cheque
Order cheque
Bearer cheque
Traveller cheque
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Question # 10
Paper money in Pakistan is
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Inconvertible
Convertible
Linked to gold
None of the above
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