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

00:00
Question # 1

How many merits of organization in text book

Question # 2

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

Question # 3

One of the following will not be capital.

Question # 4

One of the following is not land.

Question # 5

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

Question # 6

Land means nature resources which are available.

Question # 7

How many types of organization

Question # 8

The maximum number of parteners in a partnership is .

Question # 9

Production of wealth means:

Question # 10

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

Question # 11

Factors of production are recently termed as.

Question # 12

Intensive cultivation means.

Question # 13

Limited liability is one of the advantages of

Question # 14

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

Question # 15

Pakistan population is growing a rate of .

Question # 16

Debenture holders recive.

Question # 17

Labour intensive technique of production means.

Question # 18

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

Question # 19

Production of wealth takes place by:

Question # 20

How many various form of partnership

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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 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
2 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
3 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
4 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
5 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
6 How many types of organization
A. 5
B. 6
C. 7
D. 8
7 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
8 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
9 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
10 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

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