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"

Try The MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

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

Question # 2

The proportion of rural population in Pakistan is:

Question # 3

One of the following is fixed capital.

Question # 4

All factors of production are substitutable with each other. it is held by:

Question # 5

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

Question # 6

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

Question # 7

Members of a public limited company in Pakistan are.

Question # 8

Labour intensive technique of production means.

Question # 9

One of the following is not land.

Question # 10

How many types of organization

Question # 11

Rice mill is a :

Question # 12

How many various form of partnership

Question # 13

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

Question # 14

Efficiency of land can be promoted by.

Question # 15

Members of a public limited company are elected by.

Question # 16

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

Question # 17

Those who invest in joint stock companies are called

Question # 18

Social stagnation is a big obstacle to.

Question # 19

One of the following is gift of a nature .

Question # 20

Factors of production are recently termed as.

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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 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
2 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
3 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
4 How many types of organization
A. 5
B. 6
C. 7
D. 8
5 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
6 Habib Bank limited means that.
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
7 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
8 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
9 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
10 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

Test Questions

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