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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Economics Ics Part 1 English Medium Chapter 10 Online Test

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Question # 1

Efficiency of land can be promoted by.

Question # 2

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

Question # 3

Intensive cultivation means.

Question # 4

WAPDA is a

Question # 5

Rice mill is a :

Question # 6

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

Question # 7

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

Question # 8

Limited liability is one of the advantages of

Question # 9

Production of wealth takes place by:

Question # 10

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

Question # 11

How many merits of organization in text book

Question # 12

They can expand their business by selling shares in the stock market

Question # 13

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

Question # 14

Debenture holders recive.

Question # 15

Social stagnation is a big obstacle to.

Question # 16

Those who invest in joint stock companies are called

Question # 17

One of the following is not land.

Question # 18

How many various form of partnership

Question # 19

He prepares the initial plan of the business

Question # 20

A joint stock company has

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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 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
2 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
3 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
4 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
5 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
6 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
7 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
8 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
9 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
10 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

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