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

Land is mobile factor of production.

Question # 2

WAPDA is a

Question # 3

Members of a public limited company are elected by.

Question # 4

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

Question # 5

A public limited company is run by

Question # 6

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

Question # 7

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

Question # 8

How many various form of partnership

Question # 9

The proportion of rural population in Pakistan is:

Question # 10

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

Question # 11

It is an example of public limited company

Question # 12

How many types of organization

Question # 13

The maximum number of parteners in a partnership is .

Question # 14

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

Question # 15

It is most suitable for large scale business

Question # 16

Labour intensive technique of production means.

Question # 17

Production of wealth takes place by:

Question # 18

Intensive cultivation means.

Question # 19

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

Question # 20

One of the following is gift of a nature .

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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 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
2 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
3 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
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 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 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
7 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
8 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
9 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
10 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors

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