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

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Economics Ics Part 1 English Medium Chapter 9 Online Test

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Question # 1

Which of the following is a producer good

Question # 2

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

Question # 3

How many functions of capital

Question # 4

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

Question # 5

An example of money capital is

Question # 6

To the economist, investment refers to

Question # 7

Which is true

Question # 8

A factory is an example of

Question # 9

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

Question # 10

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

Question # 11

How many various forms of capital

Question # 12

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

Question # 13

Which of the following is capital

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

Capital formation lakes place when

Question # 18

Which is NOT a cause of slow capital formation in Pakistan

Question # 19

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

Question # 20

Net investment equals Gross investment MINUS

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ICS Part 1 Economics Chapter 9 MCQs Test

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ICS Part 1 Class Economics Chapter 9 Important MCQ's

Sr.# Question Answer
1 An example of money capital is
A. cash
B. money in a savings account
C. prize bond
D. golden ring
2 Qd = 50 - 5P people will demand 50 when price of the product is:
A. Very high
B. Very low
C. Zero
D. Unity
3 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
4 Which is NOT a cause of slow capital formation in Pakistan
A. poverty
B. illiteracy
C. bad governance
D. low rate of taxes
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 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
7 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
8 Net investment equals Gross investment MINUS
A. fixed capital
B. capital depreciation
C. capital appreciation
D. capital formation
9 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
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

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