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

It is an example of public limited company

Question # 2

He prepares the initial plan of the business

Question # 3

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

Question # 4

Mobility of labour can be promoted by.

Question # 5

Factors of production are recently termed as.

Question # 6

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 7

Members of a public limited company are elected by.

Question # 8

Those who invest in joint stock companies are called

Question # 9

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

Question # 10

Intensive cultivation means.

Question # 11

How many types of organization

Question # 12

One of the following is gift of a nature .

Question # 13

How many merits of organization in text book

Question # 14

Debenture holders recive.

Question # 15

WAPDA is a

Question # 16

Production of wealth takes place by:

Question # 17

Rice mill is a :

Question # 18

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

Question # 19

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

Question # 20

One of the following will not be capital.

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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 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
2 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
3 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
4 The word "LIMITED" at the end of a firm's name means
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
5 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 Intensive cultivation means.
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
8 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
9 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
10 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above

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