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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
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The 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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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
One of the following is gift of a nature .
Question # 2
A public corporation comes into existence by means
Question # 3
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 4
Joint stock company is manged and run by a
Question # 5
Pakistan population is growing a rate of .
Question # 6
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 7
One of the following can be registered in a stock exchange.
Question # 8
Intensive cultivation means.
Question # 9
How many various form of partnership
Question # 10
Habib Bank limited means that.
Question # 11
One of the following is fixed capital.
Question # 12
Debenture holders recive.
Question # 13
To promote capital investment in a country, what is essentially required is.
Question # 14
Social stagnation is a big obstacle to.
Question # 15
Land is mobile factor of production.
Question # 16
They can expand their business by selling shares in the stock market
Question # 17
All factors of production are substitutable with each other. it is held by:
Question # 18
Members of a public limited company in Pakistan are.
Question # 19
One of the following will not be capital.
Question # 20
Limited liability is one of the advantages of
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 supply price of land is considered to be zero because .` |
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
|
| 2 | Members of a public limited company are elected by. |
A. Directors
B. Government
C. Financial institutions
D. Share holders
|
| 3 | Social stagnation is a big obstacle to. |
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
|
| 4 | How many types of organization |
A. 5
B. 6
C. 7
D. 8
|
| 5 | A joint stock company has |
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
|
| 6 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
| 7 | A professor is promoted to be a principle . What type of mobility will it be. |
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
|
| 8 | Labour intensive technique of production means. |
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
|
| 9 | The submit the plan to the Registrar of Joint Stock Companies along with ______ documents |
A. Two
B. Three
C. Four
D. Five
|
| 10 | One of the following is gift of a nature . |
A. Land
B. Labour
C. Capital
D. Organization
|
Test Questions
