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

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

Question # 2

Joint stock company is manged and run by a

Question # 3

He prepares the initial plan of the business

Question # 4

How many various form of partnership

Question # 5

It is an example of public limited company

Question # 6

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

Question # 7

Land means nature resources which are available.

Question # 8

How many merits of organization in text book

Question # 9

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

Question # 10

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

Question # 11

Habib Bank limited means that.

Question # 12

Land is mobile factor of production.

Question # 13

Intensive cultivation means.

Question # 14

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

Question # 15

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

Question # 16

The maximum number of parteners in a partnership is .

Question # 17

One of the following is not land.

Question # 18

Pakistan population is growing a rate of .

Question # 19

One of the following is gift of a nature .

Question # 20

Factors of production are recently termed as.

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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 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
2 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
3 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
4 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
5 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
6 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
7 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
8 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
9 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
10 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital

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