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

The maximum number of parteners in a partnership is .

Question # 2

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

Question # 3

Pakistan population is growing a rate of .

Question # 4

Production of wealth means:

Question # 5

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

Question # 6

Members of business partnership in Pakistan are:

Question # 7

One of the following is not land.

Question # 8

Intensive cultivation means.

Question # 9

Mobility of labour can be promoted by.

Question # 10

One of the following is gift of a nature .

Question # 11

Debenture holders recive.

Question # 12

Members of a public limited company are elected by.

Question # 13

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

Question # 14

How many various form of partnership

Question # 15

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

Question # 16

Those who invest in joint stock companies are called

Question # 17

One of the following will not be capital.

Question # 18

Joint stock company is manged and run by a

Question # 19

A public corporation comes into existence by means

Question # 20

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

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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 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
2 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
3 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
4 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
5 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
6 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
7 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
8 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
9 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
10 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital

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