12th class Economics chapter 3 online mcq test with answers for ICS part 2 Economics chapter 3 (Money)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Quantity of oney has relation with alue of money	A. Direct B. Indirect C. Inverse D. No relation
2	In the equation MV =PY represents	A. Money supply B. Money Demand C. Maximum output D. Minimum Optput
3	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
4	According to Keynesmotives for holding money are.	A. Two B. Three C. Four D. Five
5	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
6	The most importnat fature of money	A. General acceptability B. Store of value C. Covertibility into gold D. Medium of exchange
7	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
8	Convert money means.	A. It can buy goods B. Govt. give gold against C. Illegal money D. Low value money
9	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
10	Barter means.	A. Trade through metallic money only B. Trade of goods ony excluding services C. Trade without use of money D. Trade of low value goods only