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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
One of the following is not included in labour
Question # 2
In modern term, factors of production are called
Question # 3
When price increases, supply:
Question # 4
Quantity of a commodity which is offered for sale in a market is called:
Question # 5
Perfectly inelastic supply curve is:
Question # 6
Immortal factor production is
Question # 7
Tractor, harvester, thrasher etc are the examples of factor of production
Question # 8
If price decreases but supply remains constant, it is called:
Question # 9
Fourth factor of production is called
Question # 10
If the rate of change in price and quantity supplied is equal then:
Question # 11
Which factor is oldest and basic factor of production
Question # 12
If an entrepreneur does service, in economics it is called
Question # 13
One of the following is not included in the characteristics of labour
Question # 14
When supply decreases due to fall in price, it is called:
Question # 15
Organization means an individual or institution which with optimum factor combination
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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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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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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Test Questions