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

One of the following is not land.

Question # 2

Intensive cultivation means.

Question # 3

How many types of organization

Question # 4

A public limited company is run by

Question # 5

A joint stock company has

Question # 6

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

Question # 7

Land is mobile factor of production.

Question # 8

One of the following is gift of a nature .

Question # 9

Social stagnation is a big obstacle to.

Question # 10

One of the following is fixed capital.

Question # 11

Production of wealth means:

Question # 12

Factors of production are recently termed as.

Question # 13

It is an example of public limited company

Question # 14

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

Question # 15

WAPDA is a

Question # 16

It is most suitable for large scale business

Question # 17

Efficiency of land can be promoted by.

Question # 18

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

Question # 19

Production of wealth takes place by:

Question # 20

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition 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 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
2 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
3 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
4 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
5 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
6 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
7 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
8 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
9 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
10 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

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