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

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Question # 1

Cross cheque has a cross sign in the

Question # 2

This is NOT money

Question # 3

Quantity of oney has relation with alue of money

Question # 4

Speculative demand for money depends upon

Question # 5

In the equation MV =PY represents

Question # 6

This is a characeristics of good money

Question # 7

Which is not a Function of money

Question # 8

Which is money

Question # 9

Convert money means.

Question # 10

In Pakistan money a account is

Question # 11

Commercial Bank create

Question # 12

It can change money supply

Question # 13

Paper money in Pakistan is

Question # 14

Cash can NOT be directly drawn fro a bank against

Question # 15

Barter means.

Question # 16

Which is the charactertistic of good money

Question # 17

Money Material should be

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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 It is included in kind of money
A. Legal money
B. Credit money
C. Taken money
D. All of the above
2 According to Keynesmotives for holding money are.
A. Two
B. Three
C. Four
D. Five
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 Cheque is
A. Legal Money
B. Credit money
C. Paper money
D. Not money
5 Money Material should be
A. Abundant
B. Scarce
C. Beautiful
D. Heavy
6 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
7 Rupee is a coin
A. Full value
B. Token money
C. Credite money
D. Convertible
8 This is a characteristic of good money
A. High intrinsic value
B. Liquidity
C. Attractive design
D. Easy to duplicate
9 In the equation MV =PY represents
A. Money supply
B. Money Demand
C. Maximum output
D. Minimum Optput
10 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

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