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

Land is mobile factor of production.

Question # 2

The maximum number of parteners in a partnership is .

Question # 3

How many various form of partnership

Question # 4

Intensive cultivation means.

Question # 5

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

Question # 6

The proportion of rural population in Pakistan is:

Question # 7

Production of wealth means:

Question # 8

How many types of organization

Question # 9

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 10

Members of a public limited company in Pakistan are.

Question # 11

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

Question # 12

Social stagnation is a big obstacle to.

Question # 13

It is an example of public limited company

Question # 14

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

Question # 15

Rice mill is a :

Question # 16

Land means nature resources which are available.

Question # 17

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

Question # 18

Pakistan population is growing a rate of .

Question # 19

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

Question # 20

He prepares the initial plan of the business

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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 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
2 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
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 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 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
6 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
7 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
8 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
9 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
10 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically

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