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

ICS Part 1 Economics Chapter 9 Test

Start Chapter 9 Test

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

Sr. # Questions Answers Choice
1 The part of wealth, other than natural resources, which can be used for further production of wealth are called
  • A. Capital
  • B. Revenue
  • C. Fundamentals of economics
  • D. None of these
2 How many functions of capital
  • A. 6
  • B. 5
  • C. 4
  • D. 7
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 It is function of capital
  • A. provision of machinery
  • B. payment of wages
  • C. establish good relation with employees
  • D. a and b of above
5 How many various forms of capital
  • A. 7
  • B. 8
  • C. 9
  • D. 10
6 Which is true
  • A. capital depreciates
  • B. capital is primary factor of production
  • C. capital in not hireable
  • D. human capital is real capital
7 An example of money capital is
  • A. cash
  • B. money in a savings account
  • C. prize bond
  • D. golden ring
8 Net investment equals Gross investment MINUS
  • A. fixed capital
  • B. capital depreciation
  • C. capital appreciation
  • D. capital formation
9 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
10 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

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