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Online Tests
Economics Ics Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
This is a characteristic of good money
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High intrinsic value
Liquidity
Attractive design
Easy to duplicate
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Question # 2
Speculative demand for money depends upon
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Income
Investment
Rate of Interest
Central bank
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Question # 3
It is included in kind of money
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Legal money
Credit money
Taken money
All of the above
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Question # 4
In Pakistan money a account is
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Paisa
Rupee
Gold
Dollar
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Question # 5
Cross cheque has tow lines drawn on
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Right side upper corner
Left side upper corner
Right side lower corner
In the Centre
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Question # 6
Barter means.
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Trade through metallic money only
Trade of goods ony excluding services
Trade without use of money
Trade of low value goods only
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Question # 7
Cash can NOT be directly drawn fro a bank against
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Cross Cheque
Order cheque
Bearer cheque
Traveller cheque
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Question # 8
Government securities.
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MeanCurrency
Are near money
Are bought and sold on stock exchange market
B and C of above
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Question # 9
Which is money
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Cheque
Credite card
Currency
Prize Bond
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Question # 10
Rupee is a coin
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Full value
Token money
Credite money
Convertible
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Question # 11
In the equation MV =PY represents
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Money supply
Money Demand
Maximum output
Minimum Optput
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Question # 12
This is a characeristics of good money
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High intricnsic value
General acceptability
Atractive design
Easy of duplicate
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Question # 13
Which is the charactertistic of good money
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Has good design
Has high value
Has a fixed value in gold
Is readily accepted by people
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Question # 14
Commercial Bank create
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Credit money
Token money
Legal Money
Do not create money
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