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

It is included in kind of money

Question # 2

In the equation MV =PY represents

Question # 3

Cross cheque has tow lines drawn on

Question # 4

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

Question # 5

Money Material should be

Question # 6

Quantity of oney has relation with alue of money

Question # 7

Government securities.

Question # 8

It is the medium of exchange

Question # 9

Which is the charactertistic of good money

Question # 10

Rupee is a coin

Question # 11

In the equation MV =Py. V represents

Question # 12

This is NOT money

Question # 13

The most importnat fature of money

Question # 14

This is a characteristic of good money

Question # 15

Which is money

Question # 16

Ten Rupee note is

Question # 17

Cheque is

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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 Quantity of oney has relation with alue of money
A. Direct
B. Indirect
C. Inverse
D. No relation
2 The most importnat fature of money
A. General acceptability
B. Store of value
C. Covertibility into gold
D. Medium of exchange
3 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
4 This is a characeristics of good money
A. High intricnsic value
B. General acceptability
C. Atractive design
D. Easy of duplicate
5 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
6 In Pakistan money a account is
A. Paisa
B. Rupee
C. Gold
D. Dollar
7 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
8 In the equation MV =PY represents
A. Money supply
B. Money Demand
C. Maximum output
D. Minimum Optput
9 According to Keynesmotives for holding money are.
A. Two
B. Three
C. Four
D. Five
10 Rupee is a coin
A. Full value
B. Token money
C. Credite money
D. Convertible

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