2nd Year Economics Chapter 3 Online MCQ Test for 12th Class Economics Chapter 3 (Money)

ICS Part 2 Economics English Medium Chapter 3 Test

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MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test"

Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test"

  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 3 Online Test

00:00
Question # 1

Cross cheque has tow lines drawn on

Question # 2

Barter means.

Question # 3

Money Material should be

Question # 4

This is NOT money

Question # 5

This is a difficulty of barter

Question # 6

It can change money supply

Question # 7

According to Keynesmotives for holding money are.

Question # 8

Cash can NOT be directly drawn fro a bank against

Question # 9

In the equation MV =Py. V represents

Question # 10

Speculative demand for money depends upon

Question # 11

It is included in kind of money

Question # 12

Cheque is

Question # 13

Ten Rupee note is

Question # 14

It is the medium of exchange

Question # 15

Which is money

Question # 16

Paper money in Pakistan is

Question # 17

This is a characeristics of good money

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test" MCQs Online With Answers


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3rd Chapter

ICS Part 2 Economics English Medium Chapter 3 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 In Pakistan money a account is
A. Paisa
B. Rupee
C. Gold
D. Dollar
2 Government securities.
A. MeanCurrency
B. Are near money
C. Are bought and sold on stock exchange market
D. B and C of above
3 Paper money in Pakistan is
A. Inconvertible
B. Convertible
C. Linked to gold
D. None of the above
4 This is a difficulty of barter
A. Lack of double coincidence of wants
B. Diffculty to produce goods at larger scale
C. Lack of divisiblility of many goods
D. All of the above
5 This is a characteristic of good money
A. High intrinsic value
B. Liquidity
C. Attractive design
D. Easy to duplicate
6 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
7 In the equation MV =PY represents
A. Money supply
B. Money Demand
C. Maximum output
D. Minimum Optput
8 The most importnat fature of money
A. General acceptability
B. Store of value
C. Covertibility into gold
D. Medium of exchange
9 It can change money supply
A. National Assembly
B. Supreme court
C. Government
D. State Bank
10 According to Keynesmotives for holding money are.
A. Two
B. Three
C. Four
D. Five

Test Questions

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