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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MCQ's Test For Chapter 9 "Economics Ics Part 1 English Medium Chapter 9 Online Test"

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  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 9 Online Test

00:00
Question # 1

An example of money capital is

Question # 2

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

Question # 3

A factory is an example of

Question # 4

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

Question # 5

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

Question # 6

These are kinds of capital EXCEPT

Question # 7

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

Question # 8

How many various forms of capital

Question # 9

Which of the following is a producer good

Question # 10

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

Question # 11

Which is true

Question # 12

Net investment equals Gross investment MINUS

Question # 13

How many functions of capital

Question # 14

Which of the following is capital

Question # 15

Productivity of capital depends upon

Question # 16

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

Question # 17

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

Question # 18

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

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:

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9th Chapter

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 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
2 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
3 Qd = 50 - 5P people will demand 50 when price of the product is:
A. Very high
B. Very low
C. Zero
D. Unity
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 Which is NOT a cause of slow capital formation in Pakistan
A. poverty
B. illiteracy
C. bad governance
D. low rate of taxes
6 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
7 The difference between iron ore deposits and the steel produced illustrates the difference between
A. labour and natural resources
B. labour and capital
C. natural resources and capital
D. natural resources and entrepreneurship
8 Which of the following is capital
A. tractor
B. TV station
C. tarbela dam
D. all of the three
9 Net investment equals Gross investment MINUS
A. fixed capital
B. capital depreciation
C. capital appreciation
D. capital formation
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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