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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Members of a public limited company are elected by.

Question # 2

Factors of production are recently termed as.

Question # 3

The proportion of rural population in Pakistan is:

Question # 4

Limited liability is one of the advantages of

Question # 5

Land means nature resources which are available.

Question # 6

Social stagnation is a big obstacle to.

Question # 7

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

Question # 8

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

Question # 9

He prepares the initial plan of the business

Question # 10

One of the following is gift of a nature .

Question # 11

Those who invest in joint stock companies are called

Question # 12

Land is mobile factor of production.

Question # 13

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 14

A public limited company is run by

Question # 15

How many merits of organization in text book

Question # 16

Efficiency of land can be promoted by.

Question # 17

One of the following will not be capital.

Question # 18

Labour intensive technique of production means.

Question # 19

The word "LIMITED" at the end of a firm's name means

Question # 20

Pakistan population is growing a rate of .

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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 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
2 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
3 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
4 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
5 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
6 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
7 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
8 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
9 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
10 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders

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