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3rd Chapter

12th Economics Chapter 3 Test

Here you can prepare 12th Economics English Medium Chapter 3 Money Test. Click the button for 100% free full practice test.

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

This online test contains MCQs about following topics:

. Barter and its difficulties, Evolution of money, Money, Functions of money, Kinds of money, Instruments of money, Credit cards, ATM, Traveller cheques, Demand for and Supply of money.

ICS Part 2 Economics Ch. 3 Test
ic

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

Sr. # Questions Answers Choice
1 Money Material should be
  • A. Abundant
  • B. Scarce
  • C. Beautiful
  • D. Heavy
2 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
3 Commercial Bank create
  • A. Credit money
  • B. Token money
  • C. Legal Money
  • D. Do not create money
4 Ten Rupee note is
  • A. Token money
  • B. Creadit money
  • C. Legal Money
  • D. a and c of above
5 Cross cheque has tow lines drawn on
  • A. Right side upper corner
  • B. Left side upper corner
  • C. Right side lower corner
  • D. In the Centre
6 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
7 It can change money supply
  • A. National Assembly
  • B. Supreme court
  • C. Government
  • D. State Bank
8 Convert money means.
  • A. It can buy goods
  • B. Govt. give gold against
  • C. Illegal money
  • D. Low value money
9 Government securities.
  • A. MeanCurrency
  • B. Are near money
  • C. Are bought and sold on stock exchange market
  • D. B and C of above
10 Rupee is a coin
  • A. Full value
  • B. Token money
  • C. Credite money
  • D. Convertible

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

P

Pigeons Planet

Lahore06 - Mar - 2024

9/17
06 Mins 34 Sec

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