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 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
2 Which is money
  • A. Cheque
  • B. Credite card
  • C. Currency
  • D. Prize Bond
3 It is included in kind of money
  • A. Legal money
  • B. Credit money
  • C. Taken money
  • D. All of the above
4 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
5 In Pakistan money a account is
  • A. Paisa
  • B. Rupee
  • C. Gold
  • D. Dollar
6 This is a characteristic of good money
  • A. High intrinsic value
  • B. Liquidity
  • C. Attractive design
  • D. Easy to duplicate
7 Cash can NOT be directly drawn fro a bank against
  • A. Cross Cheque
  • B. Order cheque
  • C. Bearer cheque
  • D. Traveller cheque
8 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
9 Rupee is a coin
  • A. Full value
  • B. Token money
  • C. Credite money
  • D. Convertible
10 Quantity of oney has relation with alue of money
  • A. Direct
  • B. Indirect
  • C. Inverse
  • D. No relation

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
G

Gujrati Updates

Lahore21 - Mar - 2025

10/17
06 Mins 04 Sec

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