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

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Question # 1

Land means nature resources which are available.

Question # 2

It is most suitable for large scale business

Question # 3

How many types of organization

Question # 4

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

Question # 5

A public limited company is run by

Question # 6

One of the following will not be capital.

Question # 7

Factors of production are recently termed as.

Question # 8

Intensive cultivation means.

Question # 9

The maximum number of parteners in a partnership is .

Question # 10

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

Question # 11

WAPDA is a

Question # 12

Pakistan population is growing a rate of .

Question # 13

One of the following is fixed capital.

Question # 14

One of the following is gift of a nature .

Question # 15

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

Question # 16

A joint stock company has

Question # 17

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

Question # 18

Limited liability is one of the advantages of

Question # 19

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

Question # 20

Members of a public limited company in Pakistan are.

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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 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
2 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
3 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
4 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
5 How many types of organization
A. 5
B. 6
C. 7
D. 8
6 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
7 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
8 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
9 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
10 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

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