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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
A professor is promoted to be a principle . What type of mobility will it be.
Question # 2
Debenture holders recive.
Question # 3
How many types of organization
Question # 4
The maximum number of parteners in a partnership is .
Question # 5
Reward of which factor of production is not pre-determined?
Question # 6
They can expand their business by selling shares in the stock market
Question # 7
One of the following can be registered in a stock exchange.
Question # 8
Factors of production are recently termed as.
Question # 9
The word "LIMITED" at the end of a firm's name means
Question # 10
Social stagnation is a big obstacle to.
Question # 11
The capital which loses it from whenever it is used, is
Question # 12
Rice mill is a :
Question # 13
One of the following will not be capital.
Question # 14
A public corporation comes into existence by means
Question # 15
Production of wealth takes place by:
Question # 16
Limited liability is one of the advantages of
Question # 17
How many merits of organization in text book
Question # 18
To promote capital investment in a country, what is essentially required is.
Question # 19
The supply price of land is considered to be zero because .`
Question # 20
Pakistan population is growing a rate of .
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
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R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | Limited liability is one of the advantages of |
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
|
| 3 | 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
|
| 4 | An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of |
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
|
| 5 | The proportion of rural population in Pakistan is: |
A. 68%
B. 70%
C. 72%
D. 74%
|
| 6 | 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
|
| 7 | The capital which loses it from whenever it is used, is |
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
|
| 8 | Members of a public limited company are elected by. |
A. Directors
B. Government
C. Financial institutions
D. Share holders
|
| 9 | 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
|
| 10 | Efficiency of land can be promoted by. |
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
|
Test Questions