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

ICS Part 2 Economics English Medium Chapter 3 Test

Start Chapter 3 Test

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

This is NOT money

Question # 2

Commercial Bank create

Question # 3

Barter means.

Question # 4

According to Keynesmotives for holding money are.

Question # 5

This is a characteristic of good money

Question # 6

Cash can NOT be directly drawn fro a bank against

Question # 7

Quantity of oney has relation with alue of money

Question # 8

Ten Rupee note is

Question # 9

Speculative demand for money depends upon

Question # 10

If no money is used to exchange goods it is called.

Question # 11

Cross cheque has tow lines drawn on

Question # 12

Which is not a Function of money

Question # 13

Rupee is a coin

Question # 14

It is the medium of exchange

Question # 15

Cross cheque has a cross sign in the

Question # 16

Cheque is

Question # 17

In Pakistan money a account is

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


Topic Test

00:00
3rd Chapter

ICS Part 2 Economics English Medium Chapter 3 Test

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test" MCQ`s Test

  • M
    Muhammad Kashif 25 - Apr - 2024 02 Min 21 Sec 17/17
  • I
    Ibrahim Malik 21 - Jul - 2022 01 Min 23 Sec 16/17
  • M
    Mian Ubaid Ur Rehman 30 - Apr - 2024 02 Min 38 Sec 16/17
  • R
    romana 16 - Dec - 2020 03 Min 14 Sec 16/17
  • M
    Maheen 22 - Feb - 2021 04 Min 09 Sec 16/17
  • M
    M.Attiq-U-Rehman 26 - Nov - 2023 02 Min 26 Sec 15/17
  • A
    arman 05 - Jul - 2021 02 Min 29 Sec 15/17
  • T
    Tkians 31 - Dec - 2020 01 Min 11 Sec 14/17
  • K
    kk 09 - Apr - 2019 02 Min 52 Sec 14/17
  • M
    Muhammad Afzal 09 - Jun - 2022 02 Min 19 Sec 13/17
  • S
    Sami 22 - Jan - 2019 03 Min 43 Sec 13/17
  • Q
    Qazi Mohid 08 - Jun - 2026 04 Min 19 Sec 13/17
  • H
    Hamza Saleem 07 - May - 2019 02 Min 00 Sec 12/17
  • L
    Lishay_1921 03 - Nov - 2023 02 Min 28 Sec 12/17
  • N
    nazia 10 - Feb - 2019 03 Min 56 Sec 12/17

ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Ten Rupee note is
A. Token money
B. Creadit money
C. Legal Money
D. a and c of above
2 This is a characteristic of good money
A. High intrinsic value
B. Liquidity
C. Attractive design
D. Easy to duplicate
3 In the equation MV =Py. V represents
A. Value of money
B. Velocity of circulation of money
C. Variation of nation income
D. All of the above
4 In Pakistan money a account is
A. Paisa
B. Rupee
C. Gold
D. Dollar
5 In the equation MV =PY represents
A. Money supply
B. Money Demand
C. Maximum output
D. Minimum Optput
6 This is a characeristics of good money
A. High intricnsic value
B. General acceptability
C. Atractive design
D. Easy of duplicate
7 This is NOT money
A. Currency
B. Prize Bond
C. Demand deposit oin a bank
D. Coins
8 It is the medium of exchange
A. Black money
B. Currency
C. Near money
D. Foreign exchange
9 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
10 Speculative demand for money depends upon
A. Income
B. Investment
C. Rate of Interest
D. Central bank

Test Questions

Is this page helpful?

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!