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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ICS Part 1 Economics Chapter Wise Test

MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

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Economics Ics Part 1 English Medium Chapter 10 Online Test

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Question # 1

All factors of production are substitutable with each other. it is held by:

Question # 2

The maximum number of parteners in a partnership is .

Question # 3

Land is mobile factor of production.

Question # 4

A joint stock company has

Question # 5

A public corporation comes into existence by means

Question # 6

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

Question # 7

The capital laying in the deposits of commercial bank is called.

Question # 8

Labour intensive technique of production means.

Question # 9

One of the following is fixed capital.

Question # 10

Limited liability is one of the advantages of

Question # 11

One of the following is gift of a nature .

Question # 12

Efficiency of land can be promoted by.

Question # 13

Members of business partnership in Pakistan are:

Question # 14

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

Question # 15

Rice mill is a :

Question # 16

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

Question # 17

Land means nature resources which are available.

Question # 18

One of the following will not be capital.

Question # 19

A public limited company is run by

Question # 20

Production of wealth takes place 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 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
2 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders
3 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
4 Habib Bank limited means that.
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
5 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
6 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
7 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
8 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
9 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
10 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

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