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

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

Question # 2

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

Question # 3

Debenture holders recive.

Question # 4

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

Question # 5

It is an example of public limited company

Question # 6

A public limited company is run by

Question # 7

One of the following is fixed capital.

Question # 8

Intensive cultivation means.

Question # 9

Habib Bank limited means that.

Question # 10

Factors of production are recently termed as.

Question # 11

It is most suitable for large scale business

Question # 12

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

Question # 13

Those who invest in joint stock companies are called

Question # 14

One of the following will not be capital.

Question # 15

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

Question # 16

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

Question # 17

Mobility of labour can be promoted by.

Question # 18

Members of a public limited company in Pakistan are.

Question # 19

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

Question # 20

Efficiency of land can be promoted by.

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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 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
2 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
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 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
5 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
6 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
7 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
8 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
9 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
10 Members of a public limited company in Pakistan are.
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5

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