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

Question # 2

Mobility of labour can be promoted by.

Question # 3

Land means nature resources which are available.

Question # 4

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

Question # 5

It is most suitable for large scale business

Question # 6

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

Question # 7

Members of business partnership in Pakistan are:

Question # 8

Factors of production are recently termed as.

Question # 9

Social stagnation is a big obstacle to.

Question # 10

Habib Bank limited means that.

Question # 11

He prepares the initial plan of the business

Question # 12

Intensive cultivation means.

Question # 13

One of the following is not land.

Question # 14

Labour intensive technique of production means.

Question # 15

How many merits of organization in text book

Question # 16

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

Question # 17

The proportion of rural population in Pakistan is:

Question # 18

To promote capital investment in a country, what is essentially required is.

Question # 19

Members of a public limited company are elected by.

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 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
2 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
3 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
4 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
5 One of the following can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 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
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 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 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates

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