Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test With Answers

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Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test

Sr. # Questions Answers Choice
1 The factor of production which is result of human struggle. Land Labour Capital Organization
2 All the factors production can be hired except. Land Labour Capital Organization
3 What is the reward of Organization ? Rent Wage Interest Profit
4 Reward of capital is called Rent Wage Interest Profit
5 What is the reward of Labour ? Rent Wage Interest Profit
6 Reward of Land is called. Rent Wage Interest Profit
7 One of the following is not land: White house Sub continents Power house Both (a) and (b)
8 Which factor combines other three factors ? Land Labour Capital Organization
9 Which factor is helpful for earning more income ? Land Labour Capital Organization
10 One of the following is considered as capital: Land Labour Raw material Both (a) and (b)
11 Which one is immobile factor ? Land Labour Capital Organization
12 One of the following is a fixed capital: Raw material Machinery Saving certificate None of these
13 Which one is comparatively the most important factor ? Land Labour Capital Organization
14 Which one factor is free gift of nature ? Land Labour Capital Organization
15 Which on factor is the basic factor ? Land Labour Capital Organization
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