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

Members of a public limited company are elected by.

Question # 2

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

Question # 3

Reward of which factor of production is not pre-determined?

Question # 4

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

Question # 5

One of the following is not land.

Question # 6

A public limited company is run by

Question # 7

WAPDA is a

Question # 8

How many various form of partnership

Question # 9

Intensive cultivation means.

Question # 10

Pakistan population is growing a rate of .

Question # 11

Those who invest in joint stock companies are called

Question # 12

The proportion of rural population in Pakistan is:

Question # 13

The maximum number of parteners in a partnership is .

Question # 14

Labour intensive technique of production means.

Question # 15

Members of business partnership in Pakistan are:

Question # 16

Production of wealth means:

Question # 17

Debenture holders recive.

Question # 18

Mobility of labour can be promoted by.

Question # 19

Rice mill is a :

Question # 20

A professor is promoted to be a principle . What type of mobility will it be.

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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 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
2 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
3 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
4 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
5 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
6 Members of a public limited company in Pakistan are.
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5
7 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
8 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
9 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
10 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media

Test Questions

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