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9th Chapter

ICS Part 1 Economics Chapter 9 MCQs Test

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

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

Sr. # Questions Answers Choice
1 Qd = 50 - 5P people will demand 50 when price of the product is:
  • A. Very high
  • B. Very low
  • C. Zero
  • D. Unity
2 The government constructed a new water reservoir for the purpose of irrigation; this might be taken as
  • A. increase in supply of capital
  • B. increase in supply of land
  • C. increase in supply of land and supply of capital
  • D. increase in natural resources
3 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
4 Which is true
  • A. capital depreciates
  • B. capital is primary factor of production
  • C. capital in not hireable
  • D. human capital is real capital
5 How many various forms of capital
  • A. 7
  • B. 8
  • C. 9
  • D. 10
6 How many functions of capital
  • A. 6
  • B. 5
  • C. 4
  • D. 7
7 A factory is an example of
  • A. capital
  • B. natural resources
  • C. entrepreneurship
  • D. none of the above
8 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
9 Which of the following is capital
  • A. tractor
  • B. TV station
  • C. tarbela dam
  • D. all of the three
10 Consists of all kinds of wealth, other than free gifts of nature, which yield income are called
  • A. Capital
  • B. Productivity of capital
  • C. Both a and b
  • D. None of these

Top Scorers of Economics Ics Part 1 English Medium Chapter 9 Online Test

H

Hanif Wazir

Lahore30 - May - 2022

18/20
07 Mins 47 Sec
M

Maria Habib

Lahore15 - May - 2022

11/20
05 Mins 30 Sec
H

Hamza Abid

Abbottabad20 - Jun - 2022

11/20
10 Mins 50 Sec

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