Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
This online test contains MCQs about following topics:
. Barter system . Evolution of money . Definition of moeny . Assumptiond of quantity theory of money . Criticism on quantity theory of money . Inflation . Deflation . Measures to control inflation . Measures to control deflation
ICOM Part 1 Economics Ch 10 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 10 "Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test"
Try The MCQ's Test For Chapter 10 "Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test"
-
Total Questions15
-
Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
During inflation prices are
Question # 2
One of the following is not the characteristic of money
Question # 3
The coins whose current price is greater than their intrinsic value, are called
Question # 4
Exchange of goods with goods is called
Question # 5
This paper notes which can be converted into gold, silver or foreign exchange are called
Question # 6
The purchasing power of money is called
Question # 7
MRP curve of a factor represents:
Question # 8
The main cause of using the Cheque as money is
Question # 9
Which one of the following does not exist during deflation
Question # 10
Production of an additional unit of factor refers to:
Question # 11
MRP curve is slopping:
Question # 12
One of the following is not the method to control deflation
Question # 13
One rupee note in paper money is
Question # 14
One of the following is not the difficulty of the barter system
Question # 15
Inflation is useful for
11th Principle of Economics Chapter 10 Test
Here you can prepare 11th Principle of Economics English Medium Chapter 10 Money Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 10 "Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
-
B Batool 01 - Dec - 2018 00 Min 40 Sec 15/15 -
M Minahil Asif 07 - Jun - 2024 01 Min 21 Sec 15/15 -
J Jaweria Faraz 11 - Jul - 2024 02 Min 33 Sec 15/15 -
A Aliya hassan 05 - Dec - 2020 03 Min 01 Sec 15/15 -
T Taha 06 - Aug - 2021 03 Min 28 Sec 15/15 -
N Naveera 18 - May - 2021 02 Min 13 Sec 13/15 -
S Subtain Ahmed Raza 22 - Jul - 2023 03 Min 31 Sec 13/15 -
M Muhammad Hammad Shekhani 28 - Jun - 2021 10 Min 43 Sec 13/15 -
S shafaqat ali 14 - Feb - 2018 03 Min 39 Sec 12/15 -
Z Zafar Ali 30 - May - 2024 00 Min 11 Sec 11/15 -
E Elsa 04 - Mar - 2021 02 Min 26 Sec 11/15 -
S Saba 24 - Jun - 2021 04 Min 34 Sec 11/15 -
A Aiman 12 - May - 2018 07 Min 46 Sec 11/15 -
M Manan Malik 12 - Jan - 2022 02 Min 07 Sec 10/15 -
M Muhammad Abrar 25 - Dec - 2020 03 Min 28 Sec 10/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | During inflation increase |
A. Exports
B. Savings
C. Consumption
D. Inequality of income
|
| 2 | There exists a relationship between inflation and deflation |
A. Increasing
B. Inverse
C. Indirect
D. None of three
|
| 3 | One of the following is not the monetary measure to control inflation |
A. Increase in bank rate
B. Open market operation
C. Increase in the ratio of reserve capital of the banks
D. Increase in taxes
|
| 4 | Inflation will be useful for |
A. Labourers
B. Consumers
C. Penioners
D. Industrialist
|
| 5 | Net National product is equal to |
A. GNP + Depreciation expenditure
B. GDP + Depreciation expenditure
C. GNP - Depreciation expenditure
D. GDP - Depreciation expenditure
|
| 6 | Other tern used for demand for factor is: |
A. Initial demand
B. derived demand
C. Direct demand
D. Cross demand
|
| 7 | Convertible paper money is issued by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Central government
|
| 8 | Which kind of budget is better during the situation of deflation |
A. Deficit budget
B. Surplus budget
C. Balanced budget
D. National budget
|
| 9 | When there is deflation, then prices |
A. Increase
B. Decrease
C. Remain constant
D. do not change
|
| 10 | Which is considered as a transfer payment |
A. wages
B. salaries
C. prices
D. unemployment allowances
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!