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

How many various form of partnership

Question # 2

Rice mill is a :

Question # 3

Land is mobile factor of production.

Question # 4

One of the following is fixed capital.

Question # 5

It is most suitable for large scale business

Question # 6

Members of a public limited company in Pakistan are.

Question # 7

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

Question # 8

Labour intensive technique of production means.

Question # 9

Members of a public limited company are elected by.

Question # 10

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

Question # 11

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

Question # 12

Intensive cultivation means.

Question # 13

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

Question # 14

The capital which loses it from whenever it is used, is

Question # 15

Production of wealth means:

Question # 16

Social stagnation is a big obstacle to.

Question # 17

Debenture holders recive.

Question # 18

A joint stock company has

Question # 19

Land means nature resources which are available.

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 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
2 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
3 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
4 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
5 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
6 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
7 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
8 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
9 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
10 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders

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