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 Government securities.
  • A. MeanCurrency
  • B. Are near money
  • C. Are bought and sold on stock exchange market
  • D. B and C of above
2 This is NOT money
  • A. Currency
  • B. Prize Bond
  • C. Demand deposit oin a bank
  • D. Coins
3 Money Material should be
  • A. Abundant
  • B. Scarce
  • C. Beautiful
  • D. Heavy
4 Paper money in Pakistan is
  • A. Inconvertible
  • B. Convertible
  • C. Linked to gold
  • D. None of the above
5 The most importnat fature of money
  • A. General acceptability
  • B. Store of value
  • C. Covertibility into gold
  • D. Medium of exchange
6 If no money is used to exchange goods it is called.
  • A. Barter
  • B. Currency
  • C. Black Market
  • D. Free Trade
7 It is included in kind of money
  • A. Legal money
  • B. Credit money
  • C. Taken money
  • D. All of the above
8 This is a characeristics of good money
  • A. High intricnsic value
  • B. General acceptability
  • C. Atractive design
  • D. Easy of duplicate
9 In the equation MV =PY represents
  • A. Money supply
  • B. Money Demand
  • C. Maximum output
  • D. Minimum Optput
10 Cheque is
  • A. Legal Money
  • B. Credit money
  • C. Paper money
  • D. Not money

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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