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

A public limited company is run by

Question # 2

Pakistan population is growing a rate of .

Question # 3

Members of a public limited company in Pakistan are.

Question # 4

Land means nature resources which are available.

Question # 5

Efficiency of land can be promoted by.

Question # 6

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

Question # 7

A public corporation comes into existence by means

Question # 8

Mobility of labour can be promoted by.

Question # 9

He prepares the initial plan of the business

Question # 10

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

Question # 11

Labour intensive technique of production means.

Question # 12

The maximum number of parteners in a partnership is .

Question # 13

Rice mill is a :

Question # 14

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

Question # 15

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

Question # 16

How many various form of partnership

Question # 17

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

Question # 18

Production of wealth means:

Question # 19

Members of business partnership in Pakistan are:

Question # 20

How many types of organization

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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 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
2 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
3 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
4 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
5 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
6 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
7 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
8 How many types of organization
A. 5
B. 6
C. 7
D. 8
9 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
10 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto

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