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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ICS Part 2 Economics English Medium Chapter Wise MCQ's Test

MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 3 Online Test"

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ICS Part 2 Economics English Medium Chapter 3 Online Test

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Question # 1

Speculative demand for money depends upon

Question # 2

Barter means.

Question # 3

It is the medium of exchange

Question # 4

Commercial Bank create

Question # 5

It is included in kind of money

Question # 6

In the equation MV =PY represents

Question # 7

Which is the charactertistic of good money

Question # 8

In the equation MV =Py. V represents

Question # 9

This is a characteristic of good money

Question # 10

Government securities.

Question # 11

Paper money in Pakistan is

Question # 12

Which is money

Question # 13

Cross cheque has a cross sign in the

Question # 14

Money Material should be

Question # 15

The most importnat fature of money

Question # 16

Convert money means.

Question # 17

Rupee is a coin

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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 This is a characteristic of good money
A. High intrinsic value
B. Liquidity
C. Attractive design
D. Easy to duplicate
2 Cash can NOT be directly drawn fro a bank against
A. Cross Cheque
B. Order cheque
C. Bearer cheque
D. Traveller cheque
3 It can change money supply
A. National Assembly
B. Supreme court
C. Government
D. State Bank
4 Paper money in Pakistan is
A. Inconvertible
B. Convertible
C. Linked to gold
D. None of the above
5 Government securities.
A. MeanCurrency
B. Are near money
C. Are bought and sold on stock exchange market
D. B and C of above
6 The most importnat fature of money
A. General acceptability
B. Store of value
C. Covertibility into gold
D. Medium of exchange
7 Rupee is a coin
A. Full value
B. Token money
C. Credite money
D. Convertible
8 Which is money
A. Cheque
B. Credite card
C. Currency
D. Prize Bond
9 Convert money means.
A. It can buy goods
B. Govt. give gold against
C. Illegal money
D. Low value money
10 This is NOT money
A. Currency
B. Prize Bond
C. Demand deposit oin a bank
D. Coins

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