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3rd Chapter

12th Economics Chapter 3 Test

Here you can prepare 12th Economics English Medium Chapter 3 Money Test. Click the button for 100% free full practice test.

2nd Year Economics Chapter 3 Online MCQ Test for 12th Class Economics Chapter 3 (Money)

This online test contains MCQs about following topics:

. Barter and its difficulties, Evolution of money, Money, Functions of money, Kinds of money, Instruments of money, Credit cards, ATM, Traveller cheques, Demand for and Supply of money.

ICS Part 2 Economics Ch. 3 Test
ic

2nd Year Economics Chapter 3 Online MCQ Test for 12th Class Economics Chapter 3 (Money)

Sr. # Questions Answers Choice
1 Which is money
  • A. Cheque
  • B. Credit card
  • C. Currency
  • D. Prize bond
2 If money supply in a country decreases
  • A. Prices will rise
  • B. Prices will fall
  • C. Rate of interest falls
  • D. b and c above
3 The govt. can control inflation by
  • A. Increasing demand for goods
  • B. Increasing supply of goods
  • C. Increasing money supply
  • D. Decreasing taxes
4 Rupee is a coin
  • A. Full value
  • B. Token money
  • C. Credit money
  • D. Convertible
5 Paper money come int use
  • A. 100 years ago
  • B. 200 years ago
  • C. 1000 years ago
  • D. 2000 years ago
6 Commercial banks create
  • A. Credit money
  • B. Token money
  • C. Legal money
  • D. Do not create money
7 Government securities.
  • A. Mean currency
  • B. are near money
  • C. are bought and sold on stock exchanges market
  • D. b and c above
8 Rupees is a coin
  • A. Full value
  • B. Token money
  • C. Credit money
  • D. Convertible
9 This is a characteristic of good money
  • A. high intrinsic value
  • B. Liquidity
  • C. Attractive design
  • D. Easy to duplicate
10 Cheque is
  • A. Legal money
  • B. Credit money
  • C. Paper money
  • D. Not money

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
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