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12th Class Principles of Economics Chapter 3 Test

12th class I.Com Part 2 Principles of Economics chapter 3 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 3 Test

Start Chapter 3 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 3 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 This is a characeristics of good money
  • A. High intricnsic value
  • B. General acceptability
  • C. Atractive design
  • D. Easy of duplicate
2 Paper money in Pakistan is
  • A. Inconvertible
  • B. Convertible
  • C. Linked to gold
  • D. None of the above
3 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
4 In the equation MV =PY represents
  • A. Money supply
  • B. Money Demand
  • C. Maximum output
  • D. Minimum Optput
5 It is the medium of exchange
  • A. Black money
  • B. Currency
  • C. Near money
  • D. Foreign exchange
6 According to Keynesmotives for holding money are.
  • A. Two
  • B. Three
  • C. Four
  • D. Five
7 Cheque is
  • A. Legal Money
  • B. Credit money
  • C. Paper money
  • D. Not money
8 Which is the charactertistic of good money
  • A. Has good design
  • B. Has high value
  • C. Has a fixed value in gold
  • D. Is readily accepted by people
9 Commercial Bank create
  • A. Credit money
  • B. Token money
  • C. Legal Money
  • D. Do not create money
10 The most importnat fature of money
  • A. General acceptability
  • B. Store of value
  • C. Covertibility into gold
  • D. Medium of exchange

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 3 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 4 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 5 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 6 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 8 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 10 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 11 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 12 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 12 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 13 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 13 English Medium Online Test 10 Questions

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