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

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

Question # 2

Habib Bank limited means that.

Question # 3

How many various form of partnership

Question # 4

Members of a public limited company are elected by.

Question # 5

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

Question # 6

Limited liability is one of the advantages of

Question # 7

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

Question # 8

Those who invest in joint stock companies are called

Question # 9

The maximum number of parteners in a partnership is .

Question # 10

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 11

A public limited company is run by

Question # 12

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

Question # 13

One of the following will not be capital.

Question # 14

Members of a public limited company in Pakistan are.

Question # 15

A joint stock company has

Question # 16

Joint stock company is manged and run by a

Question # 17

Rice mill is a :

Question # 18

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

Question # 19

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

Question # 20

Efficiency of land can be promoted by.

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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 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
2 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
3 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
4 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
5 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
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 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
8 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
9 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
10 Habib Bank limited means that.
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three

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