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10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
1 The capital which loses it from whenever it is used, is
  • A. Circulating capital
  • B. Fixed capital
  • C. Money capital
  • D. Real capital
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 How many various form of partnership
  • A. 3
  • B. 4
  • C. 5
  • D. 6
4 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
5 A person who contributes funds in partnership but does not take active part in management of business is called
  • A. sleeping partner
  • B. helping partner
  • C. temporary partner
  • D. inactive partner
6 Joint stock company is manged and run by a
  • A. Board of Directors
  • B. Shareholders
  • C. Accountant
  • D. None of these
7 One of the following can be registered in a stock exchange.
  • A. Business under partnership
  • B. Cooperative society
  • C. Join stock company
  • D. Sole proprietorship
8 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
9 The capital laying in the deposits of commercial bank is called.
  • A. Domestic capital
  • B. Real capital
  • C. Foreign capital
  • D. Money capital
10 Land means nature resources which are available.
  • A. On the soil
  • B. Above the soil
  • C. Below the soil
  • D. All the above

Top Scorers of Economics Ics Part 1 English Medium Chapter 10 Online Test

H

Hanif Wazir

Lahore31 - May - 2022

14/20
05 Mins 07 Sec
S

Shanzay M

Lahore17 - Jun - 2022

11/20
04 Mins 17 Sec

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