[{"id":100574,"question":"Net investment equals Gross investment MINUS","choices":[{"text":"fixed capital","value":"A"},{"text":"capital depreciation","value":"B"},{"text":"capital appreciation","value":"C"},{"text":"capital formation","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100573,"question":"Productivity of capital depends upon","choices":[{"text":"quality of labour","value":"A"},{"text":"quality of raw materials","value":"B"},{"text":"quality of management","value":"C"},{"text":"all of the above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100572,"question":"These are kinds of capital EXCEPT","choices":[{"text":"fixed capital","value":"A"},{"text":"expensive capital","value":"B"},{"text":"working capital","value":"C"},{"text":"real capital","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100571,"question":"It is function of capital","choices":[{"text":"provision of machinery","value":"A"},{"text":"payment of wages","value":"B"},{"text":"establish good relation with employees","value":"C"},{"text":"a and b of above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100570,"question":"The difference between iron ore deposits and the steel produced illustrates the difference between","choices":[{"text":"labour and natural resources","value":"A"},{"text":"labour and capital","value":"B"},{"text":"natural resources and capital","value":"C"},{"text":"natural resources and entrepreneurship","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":100569,"question":"Which of the following is capital","choices":[{"text":"tractor","value":"A"},{"text":"TV station","value":"B"},{"text":"tarbela dam","value":"C"},{"text":"all of the three","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100568,"question":"Capital formation lakes place when","choices":[{"text":"people save a part of their incomes","value":"A"},{"text":"saved amount is invested","value":"B"},{"text":"investors expect good return","value":"C"},{"text":"all of the three","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100567,"question":"Which is <i>NOT </i>a cause of slow capital formation in Pakistan","choices":[{"text":"poverty","value":"A"},{"text":"illiteracy","value":"B"},{"text":"bad governance","value":"C"},{"text":"low rate of taxes","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100566,"question":"An example of money capital is","choices":[{"text":"cash","value":"A"},{"text":"money in a savings account","value":"B"},{"text":"prize bond","value":"C"},{"text":"golden ring","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100565,"question":"Which of the following is a producer good","choices":[{"text":"pen","value":"A"},{"text":"cycle","value":"B"},{"text":"mobile phone","value":"C"},{"text":"hammer","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100564,"question":"Which of the following is <i>NOT </i>capital as economists use the term","choices":[{"text":"an office building","value":"A"},{"text":"machinery in a factory","value":"B"},{"text":"an industrial robot","value":"C"},{"text":"money","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100563,"question":"The government constructed a new water reservoir for the purpose of irrigation; this might be taken as","choices":[{"text":"increase in supply of capital","value":"A"},{"text":"increase in supply of land","value":"B"},{"text":"increase in supply of land and supply of capital","value":"C"},{"text":"increase in natural resources","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":100562,"question":"A factory is an example of","choices":[{"text":"capital","value":"A"},{"text":"natural resources","value":"B"},{"text":"entrepreneurship","value":"C"},{"text":"none of the above","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":100561,"question":"To the economist, investment refers to","choices":[{"text":"sale of real estate","value":"A"},{"text":"creation of new capital","value":"B"},{"text":"purchase of a prize bond","value":"C"},{"text":"decrease in inventories","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100560,"question":"Which is true","choices":[{"text":"capital depreciates","value":"A"},{"text":"capital is primary factor of production","value":"B"},{"text":"capital in not hireable","value":"C"},{"text":"human capital is real capital","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":100559,"question":"Which of the following is capital","choices":[{"text":"toy of a child","value":"A"},{"text":"plough of the farmer","value":"B"},{"text":"calculator of the student","value":"C"},{"text":"novel book in the library","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100558,"question":"About labour we can say with certainty that it is","choices":[{"text":"Perishable","value":"A"},{"text":"Hirable","value":"B"},{"text":"Reliable","value":"C"},{"text":"all of the above","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":100557,"question":"Efficiency of labour is not affected by","choices":[{"text":"attitude of worker","value":"A"},{"text":"attitude of employer","value":"B"},{"text":"attitude of wife/husband","value":"C"},{"text":"all affect","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100556,"question":"If a farmer moves from village to a town and establishes a small factory, it is a kind of mobility","choices":[{"text":"geographical","value":"A"},{"text":"occupational","value":"B"},{"text":"social","value":"C"},{"text":"all of the above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100555,"question":"This is <i>NOT</i> the result of specialization","choices":[{"text":"increased production","value":"A"},{"text":"improvement in quality of product","value":"B"},{"text":"increase in cost of production","value":"C"},{"text":"increase in trade","value":"D"},{"value":"E"}],"correctAnswer":3}]