First Year Economics Chapter 9 Online MCQ Test for 1st Year Economics Chapter 9 (Capital Resources)

This online test contains MCQs about following topics:

Forms of Capital - Functions of Capital - Productivity of Capital - Capital Formation - Capital Formation in Pakistan

ICS Part 1 Economics Chapter 9 Test

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MCQ's Test For Chapter 9 "Economics Ics Part 1 English Medium Chapter 9 Online Test"

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  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 9 Online Test

00:00
Question # 1

Capital formation lakes place when

Question # 2

Which of the following is NOT capital as economists use the term

Question # 3

Qd = 50 - 5P people will demand 50 when price of the product is:

Question # 4

To the economist, investment refers to

Question # 5

An example of money capital is

Question # 6

How many functions of capital

Question # 7

Which is true

Question # 8

Which of the following is capital

Question # 9

Consists of all kinds of wealth, other than free gifts of nature, which yield income are called

Question # 10

The part of wealth, other than natural resources, which can be used for further production of wealth are called

Question # 11

Productivity of capital depends upon

Question # 12

Which of the following is capital

Question # 13

Which is NOT a cause of slow capital formation in Pakistan

Question # 14

The difference between iron ore deposits and the steel produced illustrates the difference between

Question # 15

These are kinds of capital EXCEPT

Question # 16

Which of the following is a producer good

Question # 17

How many various forms of capital

Question # 18

A factory is an example of

Question # 19

Qd = 12 - 2P
Qs= -4 + 6P in this market model, P and Q are respectively.

Question # 20

Net investment equals Gross investment MINUS

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9th Chapter

ICS Part 1 Economics Chapter 9 MCQs Test

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ICS Part 1 Economics Chapter 9 Important MCQ's

Sr.# Question Answer
1 Which of the following is capital
A. toy of a child
B. plough of the farmer
C. calculator of the student
D. novel book in the library
2 An example of money capital is
A. cash
B. money in a savings account
C. prize bond
D. golden ring
3 How many various forms of capital
A. 7
B. 8
C. 9
D. 10
4 Which of the following is capital
A. tractor
B. TV station
C. tarbela dam
D. all of the three
5 Which is NOT a cause of slow capital formation in Pakistan
A. poverty
B. illiteracy
C. bad governance
D. low rate of taxes
6 Capital formation lakes place when
A. people save a part of their incomes
B. saved amount is invested
C. investors expect good return
D. all of the three
7 To the economist, investment refers to
A. sale of real estate
B. creation of new capital
C. purchase of a prize bond
D. decrease in inventories
8 Which is true
A. capital depreciates
B. capital is primary factor of production
C. capital in not hireable
D. human capital is real capital
9 Which one of the following is a functional equation of demand:
A. Q - 20 + 2P = 0
B. Q - 3 - 3P = 0
C. Q + -2P = 0
D. None of the three
10 Qd = 50 - 5P people will demand 50 when price of the product is:
A. Very high
B. Very low
C. Zero
D. Unity

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