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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
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The 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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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
Land is mobile factor of production.
Question # 2
The supply price of land is considered to be zero because .`
Question # 3
Those who invest in joint stock companies are called
Question # 4
A professor is promoted to be a principle . What type of mobility will it be.
Question # 5
Limited liability is one of the advantages of
Question # 6
WAPDA is a
Question # 7
Reward of which factor of production is not pre-determined?
Question # 8
One of the following is not land.
Question # 9
Production of wealth means:
Question # 10
Debenture holders recive.
Question # 11
One of the following is fixed capital.
Question # 12
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 13
The maximum number of parteners in a partnership is .
Question # 14
Joint stock company is manged and run by a
Question # 15
Production of wealth takes place by:
Question # 16
A joint stock company has
Question # 17
The word "LIMITED" at the end of a firm's name means
Question # 18
It is most suitable for large scale business
Question # 19
One of the following is gift of a nature .
Question # 20
Pakistan population is growing a rate of .
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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M Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
M M.Attiq-U-Rehman 25 - Nov - 2023 02 Min 45 Sec 18/20 -
S shrushti 22 - Feb - 2021 01 Min 44 Sec 17/20 -
M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
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Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
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R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
H hanif 21 - Jan - 2018 02 Min 23 Sec 14/20 -
A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Members of a public limited company are elected by. |
A. Directors
B. Government
C. Financial institutions
D. Share holders
|
| 2 | How many various form of partnership |
A. 3
B. 4
C. 5
D. 6
|
| 3 | They can expand their business by selling shares in the stock market |
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
|
| 4 | 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
|
| 5 | Those who invest in joint stock companies are called |
A. partners
B. shareholders
C. members
D. associates
|
| 6 | One of the following can be registered in a stock exchange. |
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
|
| 7 | The word "LIMITED" at the end of a firm's name means |
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
|
| 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 | One of the following is not land. |
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
|
| 10 | The supply price of land is considered to be zero because .` |
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
|
Test Questions
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