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

Intensive cultivation means.

Question # 2

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

Question # 3

Production of wealth takes place by:

Question # 4

Joint stock company is manged and run by a

Question # 5

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

Question # 6

The proportion of rural population in Pakistan is:

Question # 7

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

Question # 8

Debenture holders recive.

Question # 9

A joint stock company has

Question # 10

Limited liability is one of the advantages of

Question # 11

Those who invest in joint stock companies are called

Question # 12

Labour intensive technique of production means.

Question # 13

Factors of production are recently termed as.

Question # 14

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

Question # 15

Production of wealth means:

Question # 16

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

Question # 17

How many types of organization

Question # 18

Pakistan population is growing a rate of .

Question # 19

The maximum number of parteners in a partnership is .

Question # 20

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

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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 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
2 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
3 Members of a public limited company in Pakistan are.
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5
4 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
5 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
6 The word "LIMITED" at the end of a firm's name means
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
7 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
8 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
9 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
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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