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

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

Question # 2

Land means nature resources which are available.

Question # 3

A public limited company is run by

Question # 4

The supply price of land is considered to be zero because .`

Question # 5

Labour intensive technique of production means.

Question # 6

Members of a public limited company in Pakistan are.

Question # 7

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

Question # 8

Joint stock company is manged and run by a

Question # 9

One of the following will not be capital.

Question # 10

One of the following is gift of a nature .

Question # 11

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

Question # 12

Production of wealth means:

Question # 13

Habib Bank limited means that.

Question # 14

A joint stock company has

Question # 15

One of the following is fixed capital.

Question # 16

One of the following is not land.

Question # 17

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

Question # 18

Those who invest in joint stock companies are called

Question # 19

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

Question # 20

WAPDA is a

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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 can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
2 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
3 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
4 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
5 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
6 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
7 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
8 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
9 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
10 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

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