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

00:00
Question # 1

One of the following is fixed capital.

Question # 2

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

Question # 3

Joint stock company is manged and run by a

Question # 4

Those who invest in joint stock companies are called

Question # 5

Members of a public limited company are elected by.

Question # 6

WAPDA is a

Question # 7

One of the following will not be capital.

Question # 8

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

Question # 9

Land means nature resources which are available.

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

Limited liability is one of the advantages of

Question # 14

Social stagnation is a big obstacle to.

Question # 15

Production of wealth takes place by:

Question # 16

Land is mobile factor of production.

Question # 17

A joint stock company has

Question # 18

The proportion of rural population in Pakistan is:

Question # 19

Intensive cultivation means.

Question # 20

One of the following is not land.

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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 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
3 How many types of organization
A. 5
B. 6
C. 7
D. 8
4 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
5 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
6 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
7 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
8 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
9 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
10 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only

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