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

It is most suitable for large scale business

Question # 2

One of the following is fixed capital.

Question # 3

How many various form of partnership

Question # 4

Efficiency of land can be promoted by.

Question # 5

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

Question # 6

Intensive cultivation means.

Question # 7

How many types of organization

Question # 8

Production of wealth means:

Question # 9

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

Question # 10

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

Question # 11

It is an example of public limited company

Question # 12

The supply price of land is considered to be zero because .`

Question # 13

WAPDA is a

Question # 14

One of the following is not land.

Question # 15

Social stagnation is a big obstacle to.

Question # 16

Those who invest in joint stock companies are called

Question # 17

They can expand their business by selling shares in the stock market

Question # 18

Land is mobile factor of production.

Question # 19

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

Question # 20

The capital which loses it from whenever it is used, is

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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 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
2 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
3 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
4 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
5 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
6 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
7 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
8 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
9 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
10 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

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