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"

Try The MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Intensive cultivation means.

Question # 2

Factors of production are recently termed as.

Question # 3

The maximum number of parteners in a partnership is .

Question # 4

A joint stock company has

Question # 5

Labour intensive technique of production means.

Question # 6

Debenture holders recive.

Question # 7

One of the following is not land.

Question # 8

Social stagnation is a big obstacle to.

Question # 9

Land means nature resources which are available.

Question # 10

One of the following is gift of a nature .

Question # 11

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

Question # 12

Pakistan population is growing a rate of .

Question # 13

Members of business partnership in Pakistan are:

Question # 14

It is an example of public limited company

Question # 15

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

Question # 16

Habib Bank limited means that.

Question # 17

Production of wealth means:

Question # 18

Rice mill is a :

Question # 19

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

Question # 20

Efficiency of land can be promoted by.

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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 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
2 How many types of organization
A. 5
B. 6
C. 7
D. 8
3 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
4 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
5 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
6 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
7 Labour intensive technique of production means.
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
8 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
9 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
10 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization

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