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

The proportion of rural population in Pakistan is:

Question # 2

Production of wealth means:

Question # 3

It is most suitable for large scale business

Question # 4

Members of business partnership in Pakistan are:

Question # 5

Members of a public limited company in Pakistan are.

Question # 6

Rice mill is a :

Question # 7

One of the following is fixed capital.

Question # 8

Efficiency of land can be promoted by.

Question # 9

Mobility of labour can be promoted by.

Question # 10

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

Question # 11

Pakistan population is growing a rate of .

Question # 12

Land is mobile factor of production.

Question # 13

They can expand their business by selling shares in the stock market

Question # 14

It is an example of public limited company

Question # 15

How many various form of partnership

Question # 16

Production of wealth takes place by:

Question # 17

Debenture holders recive.

Question # 18

Land means nature resources which are available.

Question # 19

Factors of production are recently termed as.

Question # 20

Limited liability is one of the advantages of

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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 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders
2 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
3 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
4 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
5 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
6 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
7 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
8 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
9 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
10 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

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