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

One of the following is not land.

Question # 2

Land is mobile factor of production.

Question # 3

One of the following is gift of a nature .

Question # 4

A public corporation comes into existence by means

Question # 5

Factors of production are recently termed as.

Question # 6

A public limited company is run by

Question # 7

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 8

How many types of organization

Question # 9

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

Question # 10

How many merits of organization in text book

Question # 11

Joint stock company is manged and run by a

Question # 12

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

Question # 13

Intensive cultivation means.

Question # 14

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

Question # 15

The proportion of rural population in Pakistan is:

Question # 16

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

Question # 17

Pakistan population is growing a rate of .

Question # 18

Debenture holders recive.

Question # 19

To promote capital investment in a country, what is essentially required is.

Question # 20

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

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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 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
2 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
3 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
4 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
5 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
6 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
7 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
8 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
9 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
10 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital

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