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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 limited company is run by
Question # 2
Limited liability is one of the advantages of
Question # 3
Social stagnation is a big obstacle to.
Question # 4
One of the following is fixed capital.
Question # 5
Land means nature resources which are available.
Question # 6
The supply price of land is considered to be zero because .`
Question # 7
A professor is promoted to be a principle . What type of mobility will it be.
Question # 8
Production of wealth means:
Question # 9
A joint stock company has
Question # 10
WAPDA is a
Question # 11
They can expand their business by selling shares in the stock market
Question # 12
One of the following is not land.
Question # 13
To promote capital investment in a country, what is essentially required is.
Question # 14
Factors of production are recently termed as.
Question # 15
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 16
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 17
One of the following is gift of a nature .
Question # 18
How many types of organization
Question # 19
The maximum number of parteners in a partnership is .
Question # 20
How many merits of organization in text book
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 Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
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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R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The word "LIMITED" at the end of a firm's name means |
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
|
| 2 | One of the following is fixed capital. |
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
|
| 3 | 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
|
| 4 | Those who invest in joint stock companies are called |
A. partners
B. shareholders
C. members
D. associates
|
| 5 | Intensive cultivation means. |
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
|
| 6 | A public limited company is run by |
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
|
| 7 | A public corporation comes into existence by means |
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
|
| 8 | Reward of which factor of production is not pre-determined? |
A. labour
B. land
C. capital
D. organisation
|
| 9 | 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
|
| 10 | 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
|
Test Questions
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