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

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Question # 1

How many merits of organization in text book

Question # 2

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

Question # 3

The proportion of rural population in Pakistan is:

Question # 4

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

Question # 5

The supply price of land is considered to be zero because .`

Question # 6

Members of a public limited company are elected by.

Question # 7

A joint stock company has

Question # 8

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

Question # 9

Habib Bank limited means that.

Question # 10

Debenture holders recive.

Question # 11

Land is mobile factor of production.

Question # 12

The maximum number of parteners in a partnership is .

Question # 13

How many various form of partnership

Question # 14

Labour intensive technique of production means.

Question # 15

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 16

Efficiency of land can be promoted by.

Question # 17

How many types of organization

Question # 18

WAPDA is a

Question # 19

One of the following is fixed capital.

Question # 20

If a public limited company issues bonds to increase resources, then it pays

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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 How many types of organization
A. 5
B. 6
C. 7
D. 8
2 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
3 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
4 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
5 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
6 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
7 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
8 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
9 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
10 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

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