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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
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The 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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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
A public corporation comes into existence by means
Question # 2
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 3
To promote capital investment in a country, what is essentially required is.
Question # 4
Those who invest in joint stock companies are called
Question # 5
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 6
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 7
Joint stock company is manged and run by a
Question # 8
One of the following will not be capital.
Question # 9
WAPDA is a
Question # 10
Members of a public limited company are elected by.
Question # 11
Intensive cultivation means.
Question # 12
The word "LIMITED" at the end of a firm's name means
Question # 13
Rice mill is a :
Question # 14
Limited liability is one of the advantages of
Question # 15
The capital laying in the deposits of commercial bank is called.
Question # 16
The maximum number of parteners in a partnership is .
Question # 17
Members of a public limited company in Pakistan are.
Question # 18
Land is mobile factor of production.
Question # 19
He prepares the initial plan of the business
Question # 20
Mobility of labour can be promoted by.
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
M M.Attiq-U-Rehman 25 - Nov - 2023 02 Min 45 Sec 18/20 -
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A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Those who invest in joint stock companies are called |
A. partners
B. shareholders
C. members
D. associates
|
| 2 | Joint stock company is manged and run by a |
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
|
| 3 | It is an example of public limited company |
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
|
| 4 | Social stagnation is a big obstacle to. |
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
|
| 5 | Members of a public limited company are elected by. |
A. Directors
B. Government
C. Financial institutions
D. Share holders
|
| 6 | Factors of production are recently termed as. |
A. Output
B. Outly
C. Input
D. None of them
|
| 7 | 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
|
| 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 | Labour intensive technique of production means. |
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
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| 10 | WAPDA is a |
A. public corporation
B. public company
C. private company
D. partnership
|
Test Questions
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