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

Money Material should be

Question # 2

Which is money

Question # 3

Which is the charactertistic of good money

Question # 4

In the equation MV =PY represents

Question # 5

Government securities.

Question # 6

Barter means.

Question # 7

Cheque is

Question # 8

Convert money means.

Question # 9

Cross cheque has a cross sign in the

Question # 10

Cash can NOT be directly drawn fro a bank against

Question # 11

If no money is used to exchange goods it is called.

Question # 12

This is a characteristic of good money

Question # 13

This is a difficulty of barter

Question # 14

This is NOT money

Question # 15

According to Keynesmotives for holding money are.

Question # 16

Which is not a Function of money

Question # 17

Paper money in Pakistan is

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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 In Pakistan money a account is
A. Paisa
B. Rupee
C. Gold
D. Dollar
2 It is included in kind of money
A. Legal money
B. Credit money
C. Taken money
D. All of the above
3 Paper money in Pakistan is
A. Inconvertible
B. Convertible
C. Linked to gold
D. None of the above
4 Which is money
A. Cheque
B. Credite card
C. Currency
D. Prize Bond
5 In the equation MV =PY represents
A. Money supply
B. Money Demand
C. Maximum output
D. Minimum Optput
6 Cheque is
A. Legal Money
B. Credit money
C. Paper money
D. Not money
7 According to Keynesmotives for holding money are.
A. Two
B. Three
C. Four
D. Five
8 Government securities.
A. MeanCurrency
B. Are near money
C. Are bought and sold on stock exchange market
D. B and C of above
9 It can change money supply
A. National Assembly
B. Supreme court
C. Government
D. State Bank
10 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

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