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 Pursching power of money during defiation is.
  • A. Increased
  • B. Reduced
  • C. Constant
  • D. Fluctuating
2 Banks discount it and adance loans.
  • A. Draft
  • B. Bill of Exchange
  • C. pay order
  • D. Gold
3 When value of money falls, they benefits more
  • A. Debtors
  • B. Lenders
  • C. Farmers
  • D. Industrialist
4 For the economy prices are beneficial
  • A. Falling slowly
  • B. Rising slowly
  • C. Rising fast
  • D. Falling fast
5 Value of money and supply of money are related.
  • A. Inversely
  • B. Directly
  • C. Govt.Law
  • D. Are not related
6 They are NOT much affected by rising prices.
  • A. Salaried persons
  • B. Business
  • C. Debtors
  • D. Importers
7 If we put this letter in the blank space we get quantity theory of money PY =M
  • A. S
  • B. T
  • C. V
  • D. A
8 The equation of exchange PT =MV was given by
  • A. Fisher
  • B. Crowther
  • C. Kuznet
  • D. Keynes
9 According to keynes demand for money is affected by
  • A. Income
  • B. Rate of intest
  • C. Literacy rate
  • D. a and b of above
10 Which One is equation of exchange.
  • A. PT = MV
  • B. PV = MT
  • C. PM = TV
  • D. None

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
T

Tomboy Tomboy

Lahore09 - Apr - 2025

17/17
01 Mins 53 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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