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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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Members of a public limited company are elected by.

Question # 2

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

Question # 3

The maximum number of parteners in a partnership is .

Question # 4

WAPDA is a

Question # 5

Debenture holders recive.

Question # 6

Labour intensive technique of production means.

Question # 7

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

Question # 8

Habib Bank limited means that.

Question # 9

One of the following will not be capital.

Question # 10

The capital laying in the deposits of commercial bank is called.

Question # 11

Efficiency of land can be promoted by.

Question # 12

Social stagnation is a big obstacle to.

Question # 13

How many types of organization

Question # 14

Land means nature resources which are available.

Question # 15

Those who invest in joint stock companies are called

Question # 16

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

Question # 17

Members of a public limited company in Pakistan are.

Question # 18

A joint stock company has

Question # 19

A public limited company is run by

Question # 20

One of the following is gift of a nature .

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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 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
2 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
3 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
4 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
5 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
6 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
7 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
8 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
9 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
10 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

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