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 proportion of rural population in Pakistan is:

Question # 2

A public corporation comes into existence by means

Question # 3

Joint stock company is manged and run by a

Question # 4

Rice mill is a :

Question # 5

It is most suitable for large scale business

Question # 6

Land is mobile factor of production.

Question # 7

One of the following is not land.

Question # 8

Intensive cultivation means.

Question # 9

It is an example of public limited company

Question # 10

A public limited company is run by

Question # 11

Factors of production are recently termed as.

Question # 12

WAPDA is a

Question # 13

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

Question # 14

How many various form of partnership

Question # 15

He prepares the initial plan of the business

Question # 16

Production of wealth takes place by:

Question # 17

How many types of organization

Question # 18

Members of business partnership in Pakistan are:

Question # 19

Labour intensive technique of production means.

Question # 20

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

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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 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
2 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
3 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
4 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
5 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
6 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
7 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
8 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
9 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
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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