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

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Question # 1

Cross cheque has a cross sign in the

Question # 2

Convert money means.

Question # 3

It can change money supply

Question # 4

In the equation MV =PY represents

Question # 5

Quantity of oney has relation with alue of money

Question # 6

According to Keynesmotives for holding money are.

Question # 7

Commercial Bank create

Question # 8

This is NOT money

Question # 9

Barter means.

Question # 10

It is included in kind of money

Question # 11

Rupee is a coin

Question # 12

Government securities.

Question # 13

It is the medium of exchange

Question # 14

Ten Rupee note is

Question # 15

The most importnat fature of money

Question # 16

Cross cheque has tow lines drawn on

Question # 17

Which is money

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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 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
2 Which is money
A. Cheque
B. Credite card
C. Currency
D. Prize Bond
3 It is included in kind of money
A. Legal money
B. Credit money
C. Taken money
D. All of the above
4 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
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 Speculative demand for money depends upon
A. Income
B. Investment
C. Rate of Interest
D. Central bank
7 Cash can NOT be directly drawn fro a bank against
A. Cross Cheque
B. Order cheque
C. Bearer cheque
D. Traveller cheque
8 This is NOT money
A. Currency
B. Prize Bond
C. Demand deposit oin a bank
D. Coins
9 The most importnat fature of money
A. General acceptability
B. Store of value
C. Covertibility into gold
D. Medium of exchange
10 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

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