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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
Labour intensive technique of production means.
Question # 2
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 3
Members of business partnership in Pakistan are:
Question # 4
Pakistan population is growing a rate of .
Question # 5
Members of a public limited company are elected by.
Question # 6
A professor is promoted to be a principle . What type of mobility will it be.
Question # 7
Production of wealth means:
Question # 8
Reward of which factor of production is not pre-determined?
Question # 9
WAPDA is a
Question # 10
Social stagnation is a big obstacle to.
Question # 11
They can expand their business by selling shares in the stock market
Question # 12
If a public limited company issues bonds to increase resources, then it pays
Question # 13
It is most suitable for large scale business
Question # 14
One of the following can be registered in a stock exchange.
Question # 15
The word "LIMITED" at the end of a firm's name means
Question # 16
The supply price of land is considered to be zero because .`
Question # 17
Habib Bank limited means that.
Question # 18
How many types of organization
Question # 19
He prepares the initial plan of the business
Question # 20
Debenture holders recive.
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | A professor is promoted to be a principle . What type of mobility will it be. |
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
|
| 3 | 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
|
| 4 | Land means nature resources which are available. |
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
|
| 5 | 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
|
| 6 | An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of |
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
|
| 7 | Mobility of labour can be promoted by. |
A. Health
B. Better rewards
C. Immigration
D. Information media
|
| 8 | The proportion of rural population in Pakistan is: |
A. 68%
B. 70%
C. 72%
D. 74%
|
| 9 | The maximum number of parteners in a partnership is . |
A. 20
B. 30
C. 15
D. 18
|
| 10 | The supply price of land is considered to be zero because .` |
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
|
Test Questions