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

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Question # 1

Quantity of oney has relation with alue of money

Question # 2

This is a characeristics of good money

Question # 3

This is a difficulty of barter

Question # 4

Cheque is

Question # 5

In the equation MV =Py. V represents

Question # 6

Speculative demand for money depends upon

Question # 7

Money Material should be

Question # 8

Which is the charactertistic of good money

Question # 9

This is a characteristic of good money

Question # 10

Barter means.

Question # 11

Ten Rupee note is

Question # 12

Cross cheque has a cross sign in the

Question # 13

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

Question # 14

It is included in kind of money

Question # 15

It can change money supply

Question # 16

According to Keynesmotives for holding money are.

Question # 17

Commercial Bank create

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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 Speculative demand for money depends upon
A. Income
B. Investment
C. Rate of Interest
D. Central bank
2 This is a characeristics of good money
A. High intricnsic value
B. General acceptability
C. Atractive design
D. Easy of duplicate
3 Government securities.
A. MeanCurrency
B. Are near money
C. Are bought and sold on stock exchange market
D. B and C of above
4 Money Material should be
A. Abundant
B. Scarce
C. Beautiful
D. Heavy
5 Convert money means.
A. It can buy goods
B. Govt. give gold against
C. Illegal money
D. Low value money
6 Commercial Bank create
A. Credit money
B. Token money
C. Legal Money
D. Do not create money
7 It is the medium of exchange
A. Black money
B. Currency
C. Near money
D. Foreign exchange
8 In Pakistan money a account is
A. Paisa
B. Rupee
C. Gold
D. Dollar
9 Quantity of oney has relation with alue of money
A. Direct
B. Indirect
C. Inverse
D. No relation
10 Rupee is a coin
A. Full value
B. Token money
C. Credite money
D. Convertible

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