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

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

Question # 2

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

Question # 3

Habib Bank limited means that.

Question # 4

Those who invest in joint stock companies are called

Question # 5

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

Question # 6

Intensive cultivation means.

Question # 7

Land means nature resources which are available.

Question # 8

One of the following is not land.

Question # 9

Labour intensive technique of production means.

Question # 10

Rice mill is a :

Question # 11

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

Question # 12

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

Question # 13

One of the following is fixed capital.

Question # 14

Land is mobile factor of production.

Question # 15

One of the following is gift of a nature .

Question # 16

Production of wealth means:

Question # 17

Debenture holders recive.

Question # 18

Factors of production are recently termed as.

Question # 19

A public corporation comes into existence by means

Question # 20

A joint stock company has

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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 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
3 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
4 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
5 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
6 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
7 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
8 Habib Bank limited means that.
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
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 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital

Test Questions

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