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Online Tests
Economics Ics Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
Cash can NOT be directly drawn fro a bank against
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Cross Cheque
Order cheque
Bearer cheque
Traveller cheque
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Question # 2
This is a characteristic of good money
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High intrinsic value
Liquidity
Attractive design
Easy to duplicate
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Question # 3
Convert money means.
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It can buy goods
Govt. give gold against
Illegal money
Low value money
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Question # 4
Which is the charactertistic of good money
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Has good design
Has high value
Has a fixed value in gold
Is readily accepted by people
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Question # 5
In the equation MV =PY represents
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Money supply
Money Demand
Maximum output
Minimum Optput
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Question # 6
In Pakistan money a account is
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Paisa
Rupee
Gold
Dollar
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Question # 7
Cross cheque has a cross sign in the
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Right side upper comer
Right side lowr comer
It does not have cross sign
Left side upper corner
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Question # 8
Which is not a Function of money
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Make demand and supply equal
Medium of exchange
Store of value
Meaasure of value
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Question # 9
This is a characeristics of good money
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High intricnsic value
General acceptability
Atractive design
Easy of duplicate
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Question # 10
If no money is used to exchange goods it is called.
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Barter
Currency
Black Market
Free Trade
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Question # 11
This is NOT money
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Currency
Prize Bond
Demand deposit oin a bank
Coins
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Question # 12
The most importnat fature of money
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General acceptability
Store of value
Covertibility into gold
Medium of exchange
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Question # 13
Government securities.
Choose an answer
MeanCurrency
Are near money
Are bought and sold on stock exchange market
B and C of above
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Question # 14
Cross cheque has tow lines drawn on
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Right side upper corner
Left side upper corner
Right side lower corner
In the Centre
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