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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
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High intrinsic value
Liquidity
Attractive design
Easy to duplicate
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Question # 2
Paper money in Pakistan is
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Inconvertible
Convertible
Linked to gold
None of the above
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Question # 3
Cheque is
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Legal Money
Credit money
Paper money
Not money
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Question # 4
Rupee is a coin
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Full value
Token money
Credite money
Convertible
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Question # 5
In Pakistan money a account is
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Paisa
Rupee
Gold
Dollar
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Question # 6
This is NOT money
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Currency
Prize Bond
Demand deposit oin a bank
Coins
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Question # 7
In the equation MV =Py. V represents
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Value of money
Velocity of circulation of money
Variation of nation income
All of the above
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Question # 8
The most importnat fature of money
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General acceptability
Store of value
Covertibility into gold
Medium of exchange
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Question # 9
Quantity of oney has relation with alue of money
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Direct
Indirect
Inverse
No relation
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Question # 10
Cross cheque has a cross sign in the
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Right side upper comer
Right side lowr comer
It does not have cross sign
Left side upper corner
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Question # 11
Government securities.
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MeanCurrency
Are near money
Are bought and sold on stock exchange market
B and C of above
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