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

One of the following will not be capital.

Question # 2

Intensive cultivation means.

Question # 3

Pakistan population is growing a rate of .

Question # 4

Limited liability is one of the advantages of

Question # 5

Efficiency of land can be promoted by.

Question # 6

It is most suitable for large scale business

Question # 7

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

Question # 8

Factors of production are recently termed as.

Question # 9

One of the following is fixed capital.

Question # 10

The proportion of rural population in Pakistan is:

Question # 11

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

Question # 12

Land is mobile factor of production.

Question # 13

One of the following is gift of a nature .

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

Debenture holders recive.

Question # 18

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

Question # 19

Production of wealth takes place by:

Question # 20

Members of a public limited company in Pakistan are.

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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 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
2 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
3 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
4 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
5 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
6 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
7 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
8 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
9 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
10 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

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