3rd Chapter

ICS Part 2 Economics English Medium Chapter 3 Test

2nd Year Economics Chapter 3 Online MCQ Test for 12th Class Economics Chapter 3 (Money)

ICS Part 2 Economics English Medium Chapter 3 Test

Start Chapter 3 Test

2nd Year Economics Chapter 3 Online MCQ Test for 12th Class Economics Chapter 3 (Money)

Sr. # Questions Answers Choice
1 Cheque is
  • A. Legal Money
  • B. Credit money
  • C. Paper money
  • D. Not money
2 In Pakistan money a account is
  • A. Paisa
  • B. Rupee
  • C. Gold
  • D. Dollar
3 According to Keynesmotives for holding money are.
  • A. Two
  • B. Three
  • C. Four
  • D. Five
4 Quantity of oney has relation with alue of money
  • A. Direct
  • B. Indirect
  • C. Inverse
  • D. No relation
5 Which is the charactertistic of good money
  • A. Has good design
  • B. Has high value
  • C. Has a fixed value in gold
  • D. Is readily accepted by people
6 Convert money means.
  • A. It can buy goods
  • B. Govt. give gold against
  • C. Illegal money
  • D. Low value money
7 Money Material should be
  • A. Abundant
  • B. Scarce
  • C. Beautiful
  • D. Heavy
8 This is a difficulty of barter
  • A. Lack of double coincidence of wants
  • B. Diffculty to produce goods at larger scale
  • C. Lack of divisiblility of many goods
  • D. All of the above
9 Barter means.
  • A. Trade through metallic money only
  • B. Trade of goods ony excluding services
  • C. Trade without use of money
  • D. Trade of low value goods only
10 Rupee is a coin
  • A. Full value
  • B. Token money
  • C. Credite money
  • D. Convertible

Top Scorers of ICS Part 2 Economics English Medium Chapter 3 Online Test

F

Fatima Azeem

Lahore28 - Jan - 2025

12/17
06 Mins 07 Sec
G

Gujrati Updates

Lahore21 - Mar - 2025

10/17
06 Mins 04 Sec

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