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

Habib Bank limited means that.

Question # 2

Factors of production are recently termed as.

Question # 3

Those who invest in joint stock companies are called

Question # 4

Members of business partnership in Pakistan are:

Question # 5

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

Question # 6

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

Question # 7

The supply price of land is considered to be zero because .`

Question # 8

The word "LIMITED" at the end of a firm's name means

Question # 9

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

Question # 10

Production of wealth means:

Question # 11

Mobility of labour can be promoted by.

Question # 12

Land means nature resources which are available.

Question # 13

How many merits of organization in text book

Question # 14

Limited liability is one of the advantages of

Question # 15

Social stagnation is a big obstacle to.

Question # 16

Joint stock company is manged and run by a

Question # 17

Debenture holders recive.

Question # 18

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

Question # 19

A joint stock company has

Question # 20

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

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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 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
2 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
3 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
4 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
5 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
6 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
7 Labour intensive technique of production means.
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
8 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
9 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
10 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

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