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"

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

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

They can expand their business by selling shares in the stock market

Question # 2

Those who invest in joint stock companies are called

Question # 3

Land is mobile factor of production.

Question # 4

It is an example of public limited company

Question # 5

One of the following is not land.

Question # 6

All factors of production are substitutable with each other. it is held by:

Question # 7

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

Question # 8

One of the following can be registered in a stock exchange.

Question # 9

How many various form of partnership

Question # 10

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

Question # 11

WAPDA is a

Question # 12

The capital which loses it from whenever it is used, is

Question # 13

Debenture holders recive.

Question # 14

Members of a public limited company in Pakistan are.

Question # 15

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

Question # 16

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

Question # 17

The maximum number of parteners in a partnership is .

Question # 18

A public corporation comes into existence by means

Question # 19

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

Question # 20

Production of wealth takes place by:

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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 can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
2 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
3 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
4 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
5 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
6 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
7 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
8 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
9 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
10 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above

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