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

Intensive cultivation means.

Question # 2

Rice mill is a :

Question # 3

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

Question # 4

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

Question # 5

WAPDA is a

Question # 6

How many merits of organization in text book

Question # 7

Debenture holders recive.

Question # 8

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

Question # 9

Production of wealth takes place by:

Question # 10

Social stagnation is a big obstacle to.

Question # 11

Factors of production are recently termed as.

Question # 12

Efficiency of land can be promoted by.

Question # 13

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

Question # 14

The maximum number of parteners in a partnership is .

Question # 15

It is an example of public limited company

Question # 16

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

Question # 17

The proportion of rural population in Pakistan is:

Question # 18

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

Question # 19

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

Question # 20

Limited liability is one of the advantages of

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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 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
2 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
3 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
4 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
5 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
8 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
9 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
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

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