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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

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Question # 1

A public corporation comes into existence by means

Question # 2

Labour intensive technique of production means.

Question # 3

How many types of organization

Question # 4

The supply price of land is considered to be zero because .`

Question # 5

The capital which loses it from whenever it is used, is

Question # 6

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

Question # 7

Habib Bank limited means that.

Question # 8

Joint stock company is manged and run by a

Question # 9

One of the following is fixed capital.

Question # 10

The proportion of rural population in Pakistan is:

Question # 11

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

Question # 12

Members of business partnership in Pakistan are:

Question # 13

Social stagnation is a big obstacle to.

Question # 14

One of the following is not land.

Question # 15

Land means nature resources which are available.

Question # 16

Production of wealth means:

Question # 17

A joint stock company has

Question # 18

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

Question # 19

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

Question # 20

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

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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 capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
2 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
3 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
4 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
5 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
6 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
7 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
8 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
9 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
10 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only

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