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

ICS Part 2 Economics English Medium Chapter 3 Test

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MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test"

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  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 3 Online Test

00:00
Question # 1

Cross cheque has tow lines drawn on

Question # 2

According to Keynesmotives for holding money are.

Question # 3

If no money is used to exchange goods it is called.

Question # 4

In Pakistan money a account is

Question # 5

This is NOT money

Question # 6

It can change money supply

Question # 7

In the equation MV =Py. V represents

Question # 8

This is a characteristic of good money

Question # 9

This is a characeristics of good money

Question # 10

Speculative demand for money depends upon

Question # 11

Which is not a Function of money

Question # 12

Cheque is

Question # 13

Convert money means.

Question # 14

Money Material should be

Question # 15

Government securities.

Question # 16

Which is the charactertistic of good money

Question # 17

It is the medium of exchange

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ICS Part 2 Economics English Medium Chapter 3 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 If no money is used to exchange goods it is called.
A. Barter
B. Currency
C. Black Market
D. Free Trade
2 Money Material should be
A. Abundant
B. Scarce
C. Beautiful
D. Heavy
3 Speculative demand for money depends upon
A. Income
B. Investment
C. Rate of Interest
D. Central bank
4 Cross cheque has tow lines drawn on
A. Right side upper corner
B. Left side upper corner
C. Right side lower corner
D. In the Centre
5 It is included in kind of money
A. Legal money
B. Credit money
C. Taken money
D. All of the above
6 Government securities.
A. MeanCurrency
B. Are near money
C. Are bought and sold on stock exchange market
D. B and C of above
7 Rupee is a coin
A. Full value
B. Token money
C. Credite money
D. Convertible
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 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 Cheque is
A. Legal Money
B. Credit money
C. Paper money
D. Not money

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