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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 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
2 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
3 He prepares the initial plan of the business
  • A. capitalist
  • B. manager
  • C. entrepreneur
  • D. officer
4 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
5 The supply price of land is considered to be zero because .`
  • A. Its supply is limited
  • B. Its supply is infinity
  • C. In aggregate sense its cost of production s zero
  • D. Its demand is limited
6 The maximum number of parteners in a partnership is .
  • A. 20
  • B. 30
  • C. 15
  • D. 18
7 WAPDA is a
  • A. public corporation
  • B. public company
  • C. private company
  • D. partnership
8 Members of a public limited company are elected by.
  • A. Directors
  • B. Government
  • C. Financial institutions
  • D. Share holders
9 One of the following is gift of a nature .
  • A. Land
  • B. Labour
  • C. Capital
  • D. Organization
10 Limited liability is one of the advantages of
  • A. partnership
  • B. sole proprietor
  • C. joint stock company
  • D. cooperative society

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

Y

Yashfa Butt

Lahore01 - Jun - 2023

16/20
04 Mins 49 Sec
Y

Yashfa Butt

Lahore01 - Jun - 2023

12/20
05 Mins
P

Pigeons Planet

Lahore19 - May - 2023

12/20
05 Mins 50 Sec

Samia Malik

Lahore16 - Apr - 2023

10/20
03 Mins 17 Sec

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