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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ICS Part 1 Economics Chapter Wise Test

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"

  • Total Questions20

  • Time Allowed30

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Economics Ics Part 1 English Medium Chapter 9 Online Test

00:00
Question # 1

The government constructed a new water reservoir for the purpose of irrigation; this might be taken as

Question # 2

Which is NOT a cause of slow capital formation in Pakistan

Question # 3

Productivity of capital depends upon

Question # 4

Which is true

Question # 5

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

Question # 6

q = 4 + 2P it is a functional equation of.

Question # 7

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

Question # 8

It is function of capital

Question # 9

These are kinds of capital EXCEPT

Question # 10

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

Question # 11

A factory is an example of

Question # 12

Which of the following is capital

Question # 13

Which of the following is a producer good

Question # 14

Which one of the following is a functional equation of demand:

Question # 15

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

Question # 16

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

Question # 17

Capital formation lakes place when

Question # 18

Net investment equals Gross investment MINUS

Question # 19

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

Question # 20

How many various forms of capital

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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 NOT capital as economists use the term
A. an office building
B. machinery in a factory
C. an industrial robot
D. money
2 Which is true
A. capital depreciates
B. capital is primary factor of production
C. capital in not hireable
D. human capital is real capital
3 Which is NOT a cause of slow capital formation in Pakistan
A. poverty
B. illiteracy
C. bad governance
D. low rate of taxes
4 How many functions of capital
A. 6
B. 5
C. 4
D. 7
5 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
6 Net investment equals Gross investment MINUS
A. fixed capital
B. capital depreciation
C. capital appreciation
D. capital formation
7 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
8 Productivity of capital depends upon
A. quality of labour
B. quality of raw materials
C. quality of management
D. all of the above
9 These are kinds of capital EXCEPT
A. fixed capital
B. expensive capital
C. working capital
D. real capital
10 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

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