11th class Economics chapter 17 online mcq test with answers for ICS part 1 Economics chapter 17 (Rent, Interest, Profit)

First Year Economics Chapter 17 Online MCQ Test for 1st Year Economics Chapter 17 (Rent, Interest, Profit)

This online test contains MCQs about following topics:

Economic rent, .Gross Vs Net rent, .Ricardo's theory, .Marginal land, .Differnetial rent scarcity rent, .Modern theory of rent, .Rent and price, .Quasi rent, .Rent as unearned income, .Gorss Vs net interest, .Theories of interest, .Liquidity prefernece theory, .Loanable funds theory, .Zero rate of interest, . Gross Vs Net profit, . Theories of profit, Difference between profit and interest,

ICS Part 1 Economics Chapter 17 Test

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ICS Part 1 Economics Chapter Wise Test

First Year Economics Chapter 17 Online MCQ Test for 1st Year Economics Chapter 17 (Rent, Interest, Profit)

Sr. #	Questions	Answers Choice
1	According to Ricardo rents are high because prices of produce of land are	A. high B. low C. constant D. none of the above
2	The concept of differential rent is given by.	A. Marshall B. David Ricardo C. Hobson D. Robbins
3	Net rent is also called.	A. Different rent B. Quasi rent C. Scarcity rent D. Economic rent
4	Gross profit does NOT include	A. rent of his own land B. interest of his own capital C. pure profit D. taxes
5	The borrower has to pay interest because of	A. His poverty B. productivity of capital C. greediness of capitalist D. scarcity of capital
6	Marginal land	A. is uncultivable land B. gets low rent C. gets no rent D. cannot be sold
7	According to Keynes interest is a payment for	A. consumer's preference B. producer's preference C. liquidity preference D. state bank's preference
8	Profits	A. are like wages B. are like interest C. always depend upon chance D. none of the above is true
9	He presented a theory of rent	A. Malthus B. Allama Iqbal C. Ricardo D. Marshall
10	Every factor of production gets reward equal to its	A. cost B. marginal product C. price D. increasing return

Chapterwise Lists

Chapter Name	Questions	PDF File
Economics Ics Part 1 English Medium Chapter 1 Online Test	20 Questions
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Economics Ics Part 1 English Medium Chapter 17 Online Test	20 Questions