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

Labour intensive technique of production means.

Question # 2

One of the following will not be capital.

Question # 3

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

Question # 4

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

Question # 5

Members of a public limited company in Pakistan are.

Question # 6

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

Question # 7

How many merits of organization in text book

Question # 8

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

Question # 9

One of the following is not land.

Question # 10

Reward of which factor of production is not pre-determined?

Question # 11

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

Question # 12

A public corporation comes into existence by means

Question # 13

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

Question # 14

Intensive cultivation means.

Question # 15

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

Question # 16

It is most suitable for large scale business

Question # 17

Land is mobile factor of production.

Question # 18

The capital which loses it from whenever it is used, is

Question # 19

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 20

Efficiency of land can be promoted 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 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
2 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
3 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
4 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
5 How many types of organization
A. 5
B. 6
C. 7
D. 8
6 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
7 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
8 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
9 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
10 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three

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