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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

One of the following will not be capital.

Question # 2

One of the following is not land.

Question # 3

Habib Bank limited means that.

Question # 4

Production of wealth means:

Question # 5

Joint stock company is manged and run by a

Question # 6

Efficiency of land can be promoted by.

Question # 7

A public limited company is run by

Question # 8

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

Question # 9

Factors of production are recently termed as.

Question # 10

Debenture holders recive.

Question # 11

Intensive cultivation means.

Question # 12

WAPDA is a

Question # 13

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

Question # 14

How many various form of partnership

Question # 15

Limited liability is one of the advantages of

Question # 16

Land is mobile factor of production.

Question # 17

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

Question # 18

How many types of organization

Question # 19

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

Question # 20

Members of a public limited company are elected 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 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
2 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
3 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
4 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
5 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
6 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
7 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
8 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
9 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
10 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation

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