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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ICS Part 2 Economics English Medium Chapter 3 Online Test

00:00
Question # 1

Government securities.

Question # 2

According to Keynesmotives for holding money are.

Question # 3

Convert money means.

Question # 4

Paper money in Pakistan is

Question # 5

In the equation MV =Py. V represents

Question # 6

Rupee is a coin

Question # 7

In Pakistan money a account is

Question # 8

Which is the charactertistic of good money

Question # 9

Money Material should be

Question # 10

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

Question # 11

Speculative demand for money depends upon

Question # 12

Cross cheque has tow lines drawn on

Question # 13

The most importnat fature of money

Question # 14

Barter means.

Question # 15

Which is money

Question # 16

It is included in kind of 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 The most importnat fature of money
A. General acceptability
B. Store of value
C. Covertibility into gold
D. Medium of exchange
2 Paper money in Pakistan is
A. Inconvertible
B. Convertible
C. Linked to gold
D. None of the above
3 It is the medium of exchange
A. Black money
B. Currency
C. Near money
D. Foreign exchange
4 Cheque is
A. Legal Money
B. Credit money
C. Paper money
D. Not money
5 Government securities.
A. MeanCurrency
B. Are near money
C. Are bought and sold on stock exchange market
D. B and C of above
6 Money Material should be
A. Abundant
B. Scarce
C. Beautiful
D. Heavy
7 Convert money means.
A. It can buy goods
B. Govt. give gold against
C. Illegal money
D. Low value money
8 This is a characeristics of good money
A. High intricnsic value
B. General acceptability
C. Atractive design
D. Easy of duplicate
9 This is NOT money
A. Currency
B. Prize Bond
C. Demand deposit oin a bank
D. Coins
10 It can change money supply
A. National Assembly
B. Supreme court
C. Government
D. State Bank

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