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

Which is the charactertistic of good money

Question # 2

Quantity of oney has relation with alue of money

Question # 3

This is a difficulty of barter

Question # 4

This is NOT money

Question # 5

Cross cheque has tow lines drawn on

Question # 6

In the equation MV =Py. V represents

Question # 7

In the equation MV =PY represents

Question # 8

It is the medium of exchange

Question # 9

Money Material should be

Question # 10

Rupee is a coin

Question # 11

It can change money supply

Question # 12

Cash can NOT be directly drawn fro a bank against

Question # 13

The most importnat fature of money

Question # 14

Government securities.

Question # 15

Cross cheque has a cross sign in the

Question # 16

Barter means.

Question # 17

It is included in kind of money

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 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
2 It is the medium of exchange
A. Black money
B. Currency
C. Near money
D. Foreign exchange
3 In the equation MV =PY represents
A. Money supply
B. Money Demand
C. Maximum output
D. Minimum Optput
4 This is a characteristic of good money
A. High intrinsic value
B. Liquidity
C. Attractive design
D. Easy to duplicate
5 This is NOT money
A. Currency
B. Prize Bond
C. Demand deposit oin a bank
D. Coins
6 Rupee is a coin
A. Full value
B. Token money
C. Credite money
D. Convertible
7 It can change money supply
A. National Assembly
B. Supreme court
C. Government
D. State Bank
8 According to Keynesmotives for holding money are.
A. Two
B. Three
C. Four
D. Five
9 Speculative demand for money depends upon
A. Income
B. Investment
C. Rate of Interest
D. Central bank
10 Ten Rupee note is
A. Token money
B. Creadit money
C. Legal Money
D. a and c of above

Test Questions

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