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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
It is an example of public limited company
Question # 2
Pakistan population is growing a rate of .
Question # 3
They can expand their business by selling shares in the stock market
Question # 4
A professor is promoted to be a principle . What type of mobility will it be.
Question # 5
The capital which loses it from whenever it is used, is
Question # 6
One of the following is fixed capital.
Question # 7
Labour intensive technique of production means.
Question # 8
Limited liability is one of the advantages of
Question # 9
Production of wealth means:
Question # 10
If a public limited company issues bonds to increase resources, then it pays
Question # 11
Land means nature resources which are available.
Question # 12
One of the following will not be capital.
Question # 13
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 14
Mobility of labour can be promoted by.
Question # 15
How many types of organization
Question # 16
The word "LIMITED" at the end of a firm's name means
Question # 17
Habib Bank limited means that.
Question # 18
How many merits of organization in text book
Question # 19
Debenture holders recive.
Question # 20
The maximum number of parteners in a partnership is .
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 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
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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 professor is promoted to be a principle . What type of mobility will it be. |
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
|
| 2 | Social stagnation is a big obstacle to. |
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
|
| 3 | 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
|
| 4 | Members of a public limited company in Pakistan are. |
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5
|
| 5 | WAPDA is a |
A. public corporation
B. public company
C. private company
D. partnership
|
| 6 | Reward of which factor of production is not pre-determined? |
A. labour
B. land
C. capital
D. organisation
|
| 7 | 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
|
| 8 | The capital laying in the deposits of commercial bank is called. |
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
|
| 9 | They can expand their business by selling shares in the stock market |
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
|
| 10 | 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
|
Test Questions
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