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

It is an example of public limited company

Question # 2

One of the following is gift of a nature .

Question # 3

Social stagnation is a big obstacle to.

Question # 4

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

Question # 5

If a public limited company issues bonds to increase resources, then it pays

Question # 6

The maximum number of parteners in a partnership is .

Question # 7

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

Question # 8

One of the following is not land.

Question # 9

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

Question # 10

Production of wealth takes place by:

Question # 11

Joint stock company is manged and run by a

Question # 12

Pakistan population is growing a rate of .

Question # 13

Production of wealth means:

Question # 14

One of the following will not be capital.

Question # 15

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 16

A public corporation comes into existence by means

Question # 17

The word "LIMITED" at the end of a firm's name means

Question # 18

A public limited company is run by

Question # 19

He prepares the initial plan of the business

Question # 20

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

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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 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 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
3 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
4 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
5 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
6 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
7 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders
8 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
9 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
10 How many types of organization
A. 5
B. 6
C. 7
D. 8

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