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

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

Sr. # Questions Answers Choice
1 These are kinds of capital EXCEPT
  • A. fixed capital
  • B. expensive capital
  • C. working capital
  • D. real capital
2 How many functions of capital
  • A. 6
  • B. 5
  • C. 4
  • D. 7
3 How many various forms of capital
  • A. 7
  • B. 8
  • C. 9
  • D. 10
4 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
5 Which is <i>NOT </i>a cause of slow capital formation in Pakistan
  • A. poverty
  • B. illiteracy
  • C. bad governance
  • D. low rate of taxes
6 Productivity of capital depends upon
  • A. quality of labour
  • B. quality of raw materials
  • C. quality of management
  • D. all of the 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 Which of the following is <i>NOT </i>capital as economists use the term
  • A. an office building
  • B. machinery in a factory
  • C. an industrial robot
  • D. money
9 Net investment equals Gross investment MINUS
  • A. fixed capital
  • B. capital depreciation
  • C. capital appreciation
  • D. capital formation
10 Which of the following is a producer good
  • A. pen
  • B. cycle
  • C. mobile phone
  • D. hammer

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