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

Social stagnation is a big obstacle to.

Question # 2

One of the following can be registered in a stock exchange.

Question # 3

How many various form of partnership

Question # 4

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

Question # 5

Efficiency of land can be promoted by.

Question # 6

Habib Bank limited means that.

Question # 7

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

Question # 8

Land is mobile factor of production.

Question # 9

Factors of production are recently termed as.

Question # 10

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

Question # 11

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

Question # 12

A public corporation comes into existence by means

Question # 13

Intensive cultivation means.

Question # 14

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

Question # 15

It is most suitable for large scale business

Question # 16

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

Question # 17

Limited liability is one of the advantages of

Question # 18

A joint stock company has

Question # 19

The proportion of rural population in Pakistan is:

Question # 20

Members of a public limited company are elected 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 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
2 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
3 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
4 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
5 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
6 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
7 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
8 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
9 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
10 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

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