3rd Chapter

ICS Part 2 Economics English Medium Chapter 3 Test

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

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

Sr. # Questions Answers Choice
1 Rupee is a coin
  • A. Full value
  • B. Token money
  • C. Credite money
  • D. Convertible
2 Convert money means.
  • A. It can buy goods
  • B. Govt. give gold against
  • C. Illegal money
  • D. Low value money
3 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
4 Cheque is
  • A. Legal Money
  • B. Credit money
  • C. Paper money
  • D. Not money
5 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
6 The most importnat fature of money
  • A. General acceptability
  • B. Store of value
  • C. Covertibility into gold
  • D. Medium of exchange
7 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
8 Money Material should be
  • A. Abundant
  • B. Scarce
  • C. Beautiful
  • D. Heavy
9 It can change money supply
  • A. National Assembly
  • B. Supreme court
  • C. Government
  • D. State Bank
10 If no money is used to exchange goods it is called.
  • A. Barter
  • B. Currency
  • C. Black Market
  • D. Free Trade

Top Scorers of ICS Part 2 Economics English Medium Chapter 3 Online Test

M

Muhammad Hassan

Lahore29 - Apr - 2025

17/17
01 Mins 45 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

16/17
01 Mins 41 Sec
T

Tomboy Tomboy

Lahore09 - Apr - 2025

15/17
01 Mins 33 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

15/17
01 Mins 59 Sec
I

Irshad Hussain

Lahore18 - Apr - 2025

13/17
03 Mins 46 Sec

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