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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ICS Part 1 Economics Chapter Wise Test

MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

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Economics Ics Part 1 English Medium Chapter 10 Online Test

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Question # 1

He prepares the initial plan of the business

Question # 2

Pakistan population is growing a rate of .

Question # 3

A professor is promoted to be a principle . What type of mobility will it be.

Question # 4

The maximum number of parteners in a partnership is .

Question # 5

Members of a public limited company in Pakistan are.

Question # 6

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

Question # 7

Production of wealth means:

Question # 8

Members of a public limited company are elected by.

Question # 9

WAPDA is a

Question # 10

A public limited company is run by

Question # 11

Land means nature resources which are available.

Question # 12

It is most suitable for large scale business

Question # 13

One of the following is fixed capital.

Question # 14

Land is mobile factor of production.

Question # 15

How many merits of organization in text book

Question # 16

Social stagnation is a big obstacle to.

Question # 17

Members of business partnership in Pakistan are:

Question # 18

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

Question # 19

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

Question # 20

How many various form of partnership

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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 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
2 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
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 gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
5 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
6 A professor is promoted to be a principle . What type of mobility will it be.
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
7 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
8 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
9 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
10 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital

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