4th Chapter

ICS Part 2 Economics English Medium Chapter 4 Test

2nd Year Economics Chapter 4 Online MCQ Test for 12th Class Economics Chapter 4 (Value of Money)

ICS Part 2 Economics English Medium Chapter 4 Test

Start Chapter 4 Test

2nd Year Economics Chapter 4 Online MCQ Test for 12th Class Economics Chapter 4 (Value of Money)

Sr. # Questions Answers Choice
1 Drung inflation
  • A. Lenders lose borrowers gain
  • B. Borrowers and lenders both ose
  • C. Borrows lose lenders gain
  • D. All sections of the society gain
2 The quantity demanded of money rises.
  • A. As the intrest rate falls
  • B. As the intrest rate rises
  • C. As the supply of money falls
  • D. As the number of banks rises
3 It is assumption of quantity theory of money
  • A. Velocity of circulation of money constant
  • B. Affects only industrial sector
  • C. Makes distribution of national income better
  • D. Has no effect on distribution of income
4 Banks discount it and adance loans.
  • A. Draft
  • B. Bill of Exchange
  • C. pay order
  • D. Gold
5 The equation of exchange PT =MV was given by
  • A. Fisher
  • B. Crowther
  • C. Kuznet
  • D. Keynes
6 Value of money and supply of money are related.
  • A. Inversely
  • B. Directly
  • C. Govt.Law
  • D. Are not related
7 Which One is equation of exchange.
  • A. PT = MV
  • B. PV = MT
  • C. PM = TV
  • D. None
8 Value of money means
  • A. General purchasing power of money
  • B. Gold purchased by money
  • C. Demand for money
  • D. Importance of money
9 Velocity of circulation of money means.
  • A. Total demand for money
  • B. Annual increase in currency notes
  • C. Number of timesa unit of money changes hands
  • D. total supoly of money
10 They are NOT much affected by rising prices.
  • A. Salaried persons
  • B. Business
  • C. Debtors
  • D. Importers

Top Scorers of ICS Part 2 Economics English Medium Chapter 4 Online Test

M

Muhammad Hassan

Lahore26 - Apr - 2025

17/17
01 Mins 10 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

16/17
02 Mins 21 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

15/17
01 Mins 22 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

15/17
01 Mins 56 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

14/17
02 Mins 56 Sec

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