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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

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

Question # 2

A public corporation comes into existence by means

Question # 3

The capital laying in the deposits of commercial bank is called.

Question # 4

Intensive cultivation means.

Question # 5

Members of a public limited company are elected by.

Question # 6

Land means nature resources which are available.

Question # 7

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

Question # 8

How many various form of partnership

Question # 9

One of the following is fixed capital.

Question # 10

Social stagnation is a big obstacle to.

Question # 11

Labour intensive technique of production means.

Question # 12

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

Question # 13

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

Question # 14

The proportion of rural population in Pakistan is:

Question # 15

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

Question # 16

One of the following will not be capital.

Question # 17

Members of a public limited company in Pakistan are.

Question # 18

Mobility of labour can be promoted by.

Question # 19

Rice mill is a :

Question # 20

All factors of production are substitutable with each other. it is held by:

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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 capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
2 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
3 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
4 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
5 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
8 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
9 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
10 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

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