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 means nature resources which are available.

Question # 2

Members of a public limited company are elected by.

Question # 3

One of the following is not land.

Question # 4

Habib Bank limited means that.

Question # 5

Production of wealth means:

Question # 6

How many merits of organization in text book

Question # 7

A public limited company is run by

Question # 8

Efficiency of land can be promoted by.

Question # 9

Members of a public limited company in Pakistan are.

Question # 10

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 11

Land is mobile factor of production.

Question # 12

Members of business partnership in Pakistan are:

Question # 13

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

Question # 14

Joint stock company is manged and run by a

Question # 15

The proportion of rural population in Pakistan is:

Question # 16

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

Question # 17

One of the following will not be capital.

Question # 18

Intensive cultivation means.

Question # 19

It is most suitable for large scale business

Question # 20

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

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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 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
2 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
3 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
4 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
5 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
6 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
7 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
8 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
9 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
10 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates

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