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This online test contains MCQs about following topics:
Role of entrepreneur . Types of organisation . Individual owner . Partneship . Joint stock companey . State enterprises . Pakistan industrial development corporaion . PIA
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 2
One of the following will not be capital.
Question # 3
The proportion of rural population in Pakistan is:
Question # 4
Members of a public limited company in Pakistan are.
Question # 5
A professor is promoted to be a principle . What type of mobility will it be.
Question # 6
Pakistan population is growing a rate of .
Question # 7
Land means nature resources which are available.
Question # 8
One of the following can be registered in a stock exchange.
Question # 9
Those who invest in joint stock companies are called
Question # 10
WAPDA is a
Question # 11
Factors of production are recently termed as.
Question # 12
One of the following is fixed capital.
Question # 13
Efficiency of land can be promoted by.
Question # 14
The word "LIMITED" at the end of a firm's name means
Question # 15
Debenture holders recive.
Question # 16
The capital laying in the deposits of commercial bank is called.
Question # 17
The maximum number of parteners in a partnership is .
Question # 18
A public corporation comes into existence by means
Question # 19
Social stagnation is a big obstacle to.
Question # 20
How many types of organization
ICS Part 1 Economics Chapter 10 MCQs Test
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ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The word "LIMITED" at the end of a firm's name means |
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
|
| 2 | Habib Bank limited means that. |
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
|
| 3 | Pakistan population is growing a rate of . |
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
|
| 4 | One of the following is not land. |
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
|
| 5 | The proportion of rural population in Pakistan is: |
A. 68%
B. 70%
C. 72%
D. 74%
|
| 6 | Land means nature resources which are available. |
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
|
| 7 | Intensive cultivation means. |
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
|
| 8 | Members of business partnership in Pakistan are: |
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
|
| 9 | Labour intensive technique of production means. |
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
|
| 10 | All factors of production are substitutable with each other. it is held by: |
A. Wicksteed
B. Hicks
C. Pareto
|
Test Questions
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