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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
Members of business partnership in Pakistan are:
Question # 2
A public corporation comes into existence by means
Question # 3
They can expand their business by selling shares in the stock market
Question # 4
How many types of organization
Question # 5
WAPDA is a
Question # 6
A public limited company is run by
Question # 7
Limited liability is one of the advantages of
Question # 8
Mobility of labour can be promoted by.
Question # 9
Members of a public limited company in Pakistan are.
Question # 10
One of the following is gift of a nature .
Question # 11
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 12
All factors of production are substitutable with each other. it is held by:
Question # 13
One of the following is not land.
Question # 14
How many merits of organization in text book
Question # 15
The maximum number of parteners in a partnership is .
Question # 16
It is most suitable for large scale business
Question # 17
Production of wealth takes place by:
Question # 18
One of the following is fixed capital.
Question # 19
Social stagnation is a big obstacle to.
Question # 20
The capital laying in the deposits of commercial bank is called.
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 -
S shrushti 22 - Feb - 2021 01 Min 44 Sec 17/20 -
M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
M Malaika 29 - Jan - 2021 03 Min 45 Sec 16/20 -
Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
A Aeman 09 - Apr - 2021 11 Min 12 Sec 16/20 -
R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
H hanif 21 - Jan - 2018 02 Min 23 Sec 14/20 -
A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | It is an example of public limited company |
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
|
| 2 | Reward of which factor of production is not pre-determined? |
A. labour
B. land
C. capital
D. organisation
|
| 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 | 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 | One of the following will not be capital. |
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
|
| 6 | Limited liability is one of the advantages of |
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
|
| 7 | Members of a public limited company are elected by. |
A. Directors
B. Government
C. Financial institutions
D. Share holders
|
| 8 | The capital laying in the deposits of commercial bank is called. |
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
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| 9 | 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
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| 10 | 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
|
Test Questions
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