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"

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

  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 3 Online Test

00:00
Question # 1

It is included in kind of money

Question # 2

The most importnat fature of money

Question # 3

Cheque is

Question # 4

Barter means.

Question # 5

In the equation MV =PY represents

Question # 6

Which is the charactertistic of good money

Question # 7

This is a characeristics of good money

Question # 8

Government securities.

Question # 9

Cash can NOT be directly drawn fro a bank against

Question # 10

Paper money in Pakistan is

Question # 11

Ten Rupee note is

Question # 12

Commercial Bank create

Question # 13

Speculative demand for money depends upon

Question # 14

This is NOT money

Question # 15

Convert money means.

Question # 16

Cross cheque has tow lines drawn on

Question # 17

It can change money supply

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test" MCQs Online With Answers


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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 Which is not a Function of money
A. Make demand and supply equal
B. Medium of exchange
C. Store of value
D. Meaasure of value
2 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
3 Cheque is
A. Legal Money
B. Credit money
C. Paper money
D. Not money
4 It is the medium of exchange
A. Black money
B. Currency
C. Near money
D. Foreign exchange
5 Convert money means.
A. It can buy goods
B. Govt. give gold against
C. Illegal money
D. Low value money
6 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
7 In Pakistan money a account is
A. Paisa
B. Rupee
C. Gold
D. Dollar
8 Ten Rupee note is
A. Token money
B. Creadit money
C. Legal Money
D. a and c of above
9 Speculative demand for money depends upon
A. Income
B. Investment
C. Rate of Interest
D. Central bank
10 It can change money supply
A. National Assembly
B. Supreme court
C. Government
D. State Bank

Test Questions

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