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

00:00
Question # 1

Efficiency of land can be promoted by.

Question # 2

Members of a public limited company are elected by.

Question # 3

Production of wealth means:

Question # 4

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

Question # 5

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

Question # 6

A public corporation comes into existence by means

Question # 7

The capital laying in the deposits of commercial bank is called.

Question # 8

Land means nature resources which are available.

Question # 9

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

Question # 10

Rice mill is a :

Question # 11

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 12

Mobility of labour can be promoted by.

Question # 13

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

Question # 14

One of the following is fixed capital.

Question # 15

Factors of production are recently termed as.

Question # 16

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

Question # 17

One of the following is not land.

Question # 18

Social stagnation is a big obstacle to.

Question # 19

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

Question # 20

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

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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 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
2 A professor is promoted to be a principle . What type of mobility will it be.
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
3 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
4 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
5 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
6 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
7 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
8 Habib Bank limited means that.
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
9 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
10 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum

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