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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Those who invest in joint stock companies are called

Question # 2

It is an example of public limited company

Question # 3

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

Question # 4

Pakistan population is growing a rate of .

Question # 5

One of the following is fixed capital.

Question # 6

One of the following is not land.

Question # 7

Joint stock company is manged and run by a

Question # 8

Intensive cultivation means.

Question # 9

Debenture holders recive.

Question # 10

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

Question # 11

Labour intensive technique of production means.

Question # 12

Mobility of labour can be promoted by.

Question # 13

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

Question # 14

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

Question # 15

Members of a public limited company are elected by.

Question # 16

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

Question # 17

One of the following is gift of a nature .

Question # 18

A public corporation comes into existence by means

Question # 19

Production of wealth means:

Question # 20

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

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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 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
2 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
3 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
4 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
5 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
6 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
7 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
8 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
9 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
10 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation

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