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This online test contains MCQs about following topics:
. Land . Characteristics of land . Importance of land . labour . Importance of labour . Characteristics of labour . Capital . Importance of capital . Functions of capital . Organization
ICOM Part 1 Economics Ch 4 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 4 "Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 4 "Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test"
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test
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Question # 1
Organization means an individual or institution which with optimum factor combination
Question # 2
When price decreases, supply:
Question # 3
The factor which is needed to produce goods by the combination of land, labour and capital is called
Question # 4
In modern term, factors of production are called
Question # 5
Supply curve slope is:
Question # 6
In case of horizontal supply curve, Es is:
Question # 7
Immortal factor production is
Question # 8
Factor of production which is used to earn more income, is called
Question # 9
Mental or physical work undertaken for reward by human being is called
Question # 10
If 50% change in supply in response to 50% change in price then:
Question # 11
As factor of production, river and sea are called
Question # 12
Tractor, harvester, thrasher etc are the examples of factor of production
Question # 13
Production of a commodity depends upon four factors of production i.e. land, labour, capital and organization
Question # 14
The factor of production which is used to produce more wealth or increase income is called
Question # 15
Which factor is oldest and basic factor of production
11th Principle of Economics Chapter 4 Test
Here you can prepare 11th Principle of Economics English Medium Chapter 4 Factors of Production Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 4 "Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test" MCQ`s Test
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Z Zayn 24 - Jul - 2021 01 Min 13 Sec 15/15 -
S Subtain Ahmed Raza 21 - Jul - 2023 01 Min 18 Sec 15/15 -
A Abeer 08 - Feb - 2024 01 Min 40 Sec 15/15 -
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F Farnaz Azam 11 - Nov - 2023 02 Min 26 Sec 14/15 -
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M Muhammad Hammad Shekhani 30 - Jun - 2021 04 Min 23 Sec 14/15 -
I Ibrahim Atif 15 - Dec - 2023 01 Min 46 Sec 13/15 -
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U umer 06 - Aug - 2024 03 Min 39 Sec 13/15 -
O Oneeza 26 - Aug - 2021 10 Min 50 Sec 13/15
Test Questions