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This online test contains MCQs about following topics:
Forms of Capital - Functions of Capital - Productivity of Capital - Capital Formation - Capital Formation in Pakistan
MCQ's Test For Chapter 9 "Economics Ics Part 1 English Medium Chapter 9 Online Test"
Try The MCQ's Test For Chapter 9 "Economics Ics Part 1 English Medium Chapter 9 Online Test"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 9 Online Test
00:00
Question # 1
A factory is an example of
Question # 2
Which of the following is capital
Question # 3
Which of the following is NOT capital as economists use the term
Question # 4
Capital formation lakes place when
Question # 5
Which of the following is a producer good
Question # 6
The part of wealth, other than natural resources, which can be used for further production of wealth are called
Question # 7
Consists of all kinds of wealth, other than free gifts of nature, which yield income are called
Question # 8
Productivity of capital depends upon
Question # 9
These are kinds of capital EXCEPT
Question # 10
It is function of capital
Question # 11
Which of the following is capital
Question # 12
q = 4 + 2P it is a functional equation of.
Question # 13
The government constructed a new water reservoir for the purpose of irrigation; this might be taken as
Question # 14
An example of money capital is
Question # 15
Net investment equals Gross investment MINUS
Question # 16
Qd = 12 - 2P
Qd = 12 - 2PQs= -4 + 6P in this market model, P and Q are respectively.
Question # 17
The difference between iron ore deposits and the steel produced illustrates the difference between
Question # 18
How many various forms of capital
Question # 19
Which is NOT a cause of slow capital formation in Pakistan
Question # 20
Which one of the following is a functional equation of demand:
ICS Part 1 Economics Chapter 9 MCQs Test
Top Scorers Of Chapter 9 "Economics Ics Part 1 English Medium Chapter 9 Online Test" MCQ`s Test
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S Sourav Saw 10 - Jan - 2022 00 Min 26 Sec 20/20 -
M Maheen 19 - Feb - 2021 02 Min 51 Sec 20/20 -
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M M.Attiq-U-Rehman 24 - Nov - 2023 02 Min 15 Sec 18/20 -
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H hanif 19 - Jan - 2018 04 Min 48 Sec 18/20 -
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R romana 14 - Dec - 2020 09 Min 36 Sec 18/20 -
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A Ali Jutt 31 - May - 2024 05 Min 16 Sec 17/20 -
A Afia iram 01 - Jan - 2019 05 Min 57 Sec 17/20
ICS Part 1 Economics Chapter 9 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | 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
|
| 3 | Which of the following is a producer good |
A. pen
B. cycle
C. mobile phone
D. hammer
|
| 4 | 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
|
| 5 | Which is true |
A. capital depreciates
B. capital is primary factor of production
C. capital in not hireable
D. human capital is real capital
|
| 6 | q = 4 + 2P it is a functional equation of. |
A. Demand
B. Supply
C. Equilibrium of demand as supply
D. None of the three
|
| 7 | Qd = 50 - 5P people will demand 50 when price of the product is: |
A. Very high
B. Very low
C. Zero
D. Unity
|
| 8 | Which of the following is NOT capital as economists use the term |
A. an office building
B. machinery in a factory
C. an industrial robot
D. money
|
| 9 |
Qd = 12 - 2P Qs= -4 + 6P in this market model, P and Q are respectively.
|
A. 2 & 8
B. 4 & 8
C. 4 & 10
D. None 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
|
Test Questions