Question # 1

Paper money in Pakistan is

Choose an answer

Inconvertible

Convertible

Linked to gold

None of the above

This is a difficulty of barter

Choose an answer

Lack of double coincidence of wants

Diffculty to produce goods at larger scale

Lack of divisiblility of many goods

All of the above

Quantity of oney has relation with alue of money

Choose an answer

Direct

Indirect

Inverse

No relation

The most importnat fature of money

Choose an answer

General acceptability

Store of value

Covertibility into gold

Medium of exchange

Which is the charactertistic of good money

Choose an answer

Has good design

Has high value

Has a fixed value in gold

Is readily accepted by people

In the equation MV =Py. V represents

Choose an answer

Value of money

Velocity of circulation of money

Variation of nation income

All of the above

Commercial Bank create

Choose an answer

Credit money

Token money

Legal Money

Do not create money

Which is not a Function of money

Choose an answer

Make demand and supply equal

Medium of exchange

Store of value

Meaasure of value

It is the medium of exchange

Choose an answer

Black money

Currency

Near money

Foreign exchange

Convert money means.

Choose an answer

It can buy goods

Govt. give gold against

Illegal money

Low value money

Money Material should be

Choose an answer

Abundant

Scarce

Beautiful

Heavy

According to Keynesmotives for holding money are.

Choose an answer

Two

Three

Four

Five

In Pakistan money a account is

Choose an answer

Paisa

Rupee

Gold

Dollar

It is included in kind of money

Choose an answer

Legal money

Credit money

Taken money

All of the above

More Classes

Other Links

Economics Ics Part 2 English Medium Chapter 3 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer