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"

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  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 3 Online Test

00:00
Question # 1

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

Question # 2

In the equation MV =Py. V represents

Question # 3

Government securities.

Question # 4

Rupee is a coin

Question # 5

According to Keynesmotives for holding money are.

Question # 6

In Pakistan money a account is

Question # 7

This is a characeristics of good money

Question # 8

It is the medium of exchange

Question # 9

Quantity of oney has relation with alue of money

Question # 10

Which is money

Question # 11

Cheque is

Question # 12

Money Material should be

Question # 13

In the equation MV =PY represents

Question # 14

This is NOT money

Question # 15

Commercial Bank create

Question # 16

Which is the charactertistic of good money

Question # 17

Speculative demand for money depends upon

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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 Money Material should be
A. Abundant
B. Scarce
C. Beautiful
D. Heavy
3 In the equation MV =PY represents
A. Money supply
B. Money Demand
C. Maximum output
D. Minimum Optput
4 Which is not a Function of money
A. Make demand and supply equal
B. Medium of exchange
C. Store of value
D. Meaasure of value
5 It is the medium of exchange
A. Black money
B. Currency
C. Near money
D. Foreign exchange
6 This is a characeristics of good money
A. High intricnsic value
B. General acceptability
C. Atractive design
D. Easy of duplicate
7 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
8 Speculative demand for money depends upon
A. Income
B. Investment
C. Rate of Interest
D. Central bank
9 Cheque is
A. Legal Money
B. Credit money
C. Paper money
D. Not money
10 Cross cheque has a cross sign in the
A. Right side upper comer
B. Right side lowr comer
C. It does not have cross sign
D. Left side upper corner

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