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

Intensive cultivation means.

Question # 2

Social stagnation is a big obstacle to.

Question # 3

How many various form of partnership

Question # 4

Members of a public limited company in Pakistan are.

Question # 5

Labour intensive technique of production means.

Question # 6

Factors of production are recently termed as.

Question # 7

Joint stock company is manged and run by a

Question # 8

Efficiency of land can be promoted by.

Question # 9

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

Question # 10

Production of wealth means:

Question # 11

It is an example of public limited company

Question # 12

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

Question # 13

Rice mill is a :

Question # 14

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

Question # 15

Pakistan population is growing a rate of .

Question # 16

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

Question # 17

The maximum number of parteners in a partnership is .

Question # 18

One of the following is not land.

Question # 19

Members of business partnership in Pakistan are:

Question # 20

One of the following will not be capital.

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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 word "LIMITED" at the end of a firm's name means
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
2 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
3 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
4 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
5 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
6 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
7 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
8 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
9 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
10 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three

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