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Online Tests
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test MCQs With Answers
Question # 1
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 # 2
Speculative demand for money depends upon
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Income
Investment
Rate of Interest
Central bank
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Question # 3
Quantity of oney has relation with alue of money
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Direct
Indirect
Inverse
No relation
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Question # 4
Which is money
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Cheque
Credite card
Currency
Prize Bond
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Question # 5
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 # 6
This is NOT money
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Currency
Prize Bond
Demand deposit oin a bank
Coins
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Question # 7
Money Material should be
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Abundant
Scarce
Beautiful
Heavy
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Question # 8
According to Keynesmotives for holding money are.
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Two
Three
Four
Five
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Question # 9
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 # 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
In the equation MV =PY represents
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Money supply
Money Demand
Maximum output
Minimum Optput
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