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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
All factors of production are substitutable with each other. it is held by:
Question # 2
How many merits of organization in text book
Question # 3
Joint stock company is manged and run by a
Question # 4
Production of wealth means:
Question # 5
The word "LIMITED" at the end of a firm's name means
Question # 6
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 7
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 8
One of the following will not be capital.
Question # 9
If a public limited company issues bonds to increase resources, then it pays
Question # 10
One of the following can be registered in a stock exchange.
Question # 11
The capital which loses it from whenever it is used, is
Question # 12
Members of a public limited company are elected by.
Question # 13
Land means nature resources which are available.
Question # 14
WAPDA is a
Question # 15
One of the following is not land.
Question # 16
How many types of organization
Question # 17
One of the following is fixed capital.
Question # 18
The maximum number of parteners in a partnership is .
Question # 19
Habib Bank limited means that.
Question # 20
Intensive cultivation means.
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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M Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
M M.Attiq-U-Rehman 25 - Nov - 2023 02 Min 45 Sec 18/20 -
S shrushti 22 - Feb - 2021 01 Min 44 Sec 17/20 -
M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
M Malaika 29 - Jan - 2021 03 Min 45 Sec 16/20 -
Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
A Aeman 09 - Apr - 2021 11 Min 12 Sec 16/20 -
R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
H hanif 21 - Jan - 2018 02 Min 23 Sec 14/20 -
A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
| 2 | All factors of production are substitutable with each other. it is held by: |
A. Wicksteed
B. Hicks
C. Pareto
|
| 3 | Limited liability is one of the advantages of |
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
|
| 4 | 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
|
| 5 | Land is mobile factor of production. |
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
|
| 6 | Members of business partnership in Pakistan are: |
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
|
| 7 | Rice mill is a : |
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
|
| 8 | 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
|
| 9 | Those who invest in joint stock companies are called |
A. partners
B. shareholders
C. members
D. associates
|
| 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
|
Test Questions
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