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

A public limited company is run by

Question # 2

Social stagnation is a big obstacle to.

Question # 3

One of the following will not be capital.

Question # 4

One of the following is gift of a nature .

Question # 5

Intensive cultivation means.

Question # 6

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

Question # 7

Reward of which factor of production is not pre-determined?

Question # 8

The maximum number of parteners in a partnership is .

Question # 9

Members of a public limited company in Pakistan are.

Question # 10

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

Question # 11

One of the following is not land.

Question # 12

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

Question # 13

Mobility of labour can be promoted by.

Question # 14

How many various form of partnership

Question # 15

WAPDA is a

Question # 16

Factors of production are recently termed as.

Question # 17

Habib Bank limited means that.

Question # 18

Land means nature resources which are available.

Question # 19

A joint stock company has

Question # 20

Debenture holders recive.

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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 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
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 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
4 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
5 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
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
8 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
9 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
10 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%

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