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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Pakistan population is growing a rate of .

Question # 2

How many types of organization

Question # 3

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

Question # 4

Land means nature resources which are available.

Question # 5

How many merits of organization in text book

Question # 6

Land is mobile factor of production.

Question # 7

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

Question # 8

WAPDA is a

Question # 9

Debenture holders recive.

Question # 10

Intensive cultivation means.

Question # 11

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

Question # 12

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

Question # 13

The maximum number of parteners in a partnership is .

Question # 14

Limited liability is one of the advantages of

Question # 15

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

Question # 16

Members of business partnership in Pakistan are:

Question # 17

Habib Bank limited means that.

Question # 18

One of the following will not be capital.

Question # 19

The proportion of rural population in Pakistan is:

Question # 20

It is most suitable for large scale business

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10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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ICS Part 1 Chapter 10 Important MCQ's

Sr.# Question Answer
1 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
2 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
3 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
4 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
5 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
6 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
7 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
8 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
9 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
10 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates

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