10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

Start Chapter 10 Test

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
1 Factors of production are recently termed as.
  • A. Output
  • B. Outly
  • C. Input
  • D. None of them
2 A joint stock company has
  • A. limited liability
  • B. unlimited liability
  • C. limited capital
  • D. unlimited capital
3 It is an example of public limited company
  • A. WAPDA
  • B. President House
  • C. SHELL petroleum
  • D. none of the above
4 Those who invest in joint stock companies are called
  • A. partners
  • B. shareholders
  • C. members
  • D. associates
5 WAPDA is a
  • A. public corporation
  • B. public company
  • C. private company
  • D. partnership
6 The proportion of rural population in Pakistan is:
  • A. 68%
  • B. 70%
  • C. 72%
  • D. 74%
7 Joint stock company is manged and run by a
  • A. Board of Directors
  • B. Shareholders
  • C. Accountant
  • D. None of these
8 Intensive cultivation means.
  • A. Extending land for cultivation
  • B. Use of more input at the same land
  • C. More input and more land to be used`
  • D. More land and less labour to be used
9 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
10 It is most suitable for large scale business
  • A. proprietorship
  • B. partnership
  • C. corporation
  • D. cooperative society

Top Scorers of Economics Ics Part 1 English Medium Chapter 10 Online Test

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Xiao Jea

Lahore29 - Jun - 2025

10/20
07 Mins 05 Sec

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