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"

Try The MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

The word "LIMITED" at the end of a firm's name means

Question # 2

It is most suitable for large scale business

Question # 3

Joint stock company is manged and run by a

Question # 4

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

Question # 5

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

Question # 6

If a public limited company issues bonds to increase resources, then it pays

Question # 7

Land is mobile factor of production.

Question # 8

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

Question # 9

Production of wealth takes place by:

Question # 10

Social stagnation is a big obstacle to.

Question # 11

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

Question # 12

One of the following is fixed capital.

Question # 13

Debenture holders recive.

Question # 14

Members of a public limited company in Pakistan are.

Question # 15

A joint stock company has

Question # 16

Rice mill is a :

Question # 17

He prepares the initial plan of the business

Question # 18

Those who invest in joint stock companies are called

Question # 19

The capital which loses it from whenever it is used, is

Question # 20

Land means nature resources which are available.

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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 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
2 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
3 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
4 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
5 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
6 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
7 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
8 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
9 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
10 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors

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