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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

If a public limited company issues bonds to increase resources, then it pays

Question # 2

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

Question # 3

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

Question # 4

Production of wealth means:

Question # 5

Members of a public limited company in Pakistan are.

Question # 6

Factors of production are recently termed as.

Question # 7

Rice mill is a :

Question # 8

Members of a public limited company are elected by.

Question # 9

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

Question # 10

A public limited company is run by

Question # 11

One of the following will not be capital.

Question # 12

Limited liability is one of the advantages of

Question # 13

Habib Bank limited means that.

Question # 14

To promote capital investment in a country, what is essentially required is.

Question # 15

The maximum number of parteners in a partnership is .

Question # 16

A professor is promoted to be a principle . What type of mobility will it be.

Question # 17

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 18

Members of business partnership in Pakistan are:

Question # 19

It is most suitable for large scale business

Question # 20

Reward of which factor of production is not pre-determined?

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10th Chapter

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 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
2 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
3 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
4 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
5 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
6 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
7 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
8 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
9 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
10 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three

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