First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

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

ICS Part 1 Economics Chapter 10 Test

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MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

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  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

A public limited company is run by

Question # 2

He prepares the initial plan of the business

Question # 3

Social stagnation is a big obstacle to.

Question # 4

A public corporation comes into existence by means

Question # 5

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 6

It is an example of public limited company

Question # 7

The capital laying in the deposits of commercial bank is called.

Question # 8

Land is mobile factor of production.

Question # 9

To promote capital investment in a country, what is essentially required is.

Question # 10

Mobility of labour can be promoted by.

Question # 11

The proportion of rural population in Pakistan is:

Question # 12

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

Question # 13

The maximum number of parteners in a partnership is .

Question # 14

Land means nature resources which are available.

Question # 15

A joint stock company has

Question # 16

Rice mill is a :

Question # 17

A professor is promoted to be a principle . What type of mobility will it be.

Question # 18

Members of a public limited company in Pakistan are.

Question # 19

Members of business partnership in Pakistan are:

Question # 20

How many types of organization

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10th Chapter

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 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
2 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
3 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
4 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
5 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
6 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
7 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
8 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
9 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
10 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors

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