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

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Question # 1

It is an example of public limited company

Question # 2

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

Question # 3

Social stagnation is a big obstacle to.

Question # 4

How many types of organization

Question # 5

A public corporation comes into existence by means

Question # 6

Production of wealth takes place by:

Question # 7

Debenture holders recive.

Question # 8

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

Question # 9

Those who invest in joint stock companies are called

Question # 10

Pakistan population is growing a rate of .

Question # 11

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

Question # 12

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

Question # 13

Habib Bank limited means that.

Question # 14

It is most suitable for large scale business

Question # 15

Members of a public limited company are elected by.

Question # 16

Members of business partnership in Pakistan are:

Question # 17

How many various form of partnership

Question # 18

Factors of production are recently termed as.

Question # 19

Efficiency of land can be promoted by.

Question # 20

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

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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 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
2 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
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 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 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
6 Intensive cultivation means.
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
7 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
8 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
9 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
10 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization

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