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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
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The 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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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
Land is mobile factor of production.
Question # 2
Production of wealth takes place by:
Question # 3
A joint stock company has
Question # 4
A public limited company is run by
Question # 5
One of the following is gift of a nature .
Question # 6
Those who invest in joint stock companies are called
Question # 7
How many types of organization
Question # 8
All factors of production are substitutable with each other. it is held by:
Question # 9
To promote capital investment in a country, what is essentially required is.
Question # 10
WAPDA is a
Question # 11
Members of a public limited company in Pakistan are.
Question # 12
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 13
Limited liability is one of the advantages of
Question # 14
Members of a public limited company are elected by.
Question # 15
How many merits of organization in text book
Question # 16
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 17
Labour intensive technique of production means.
Question # 18
Rice mill is a :
Question # 19
A professor is promoted to be a principle . What type of mobility will it be.
Question # 20
Land means nature resources which are available.
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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M Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
M M.Attiq-U-Rehman 25 - Nov - 2023 02 Min 45 Sec 18/20 -
S shrushti 22 - Feb - 2021 01 Min 44 Sec 17/20 -
M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
M Malaika 29 - Jan - 2021 03 Min 45 Sec 16/20 -
Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
A Aeman 09 - Apr - 2021 11 Min 12 Sec 16/20 -
R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
H hanif 21 - Jan - 2018 02 Min 23 Sec 14/20 -
A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | One of the following will not be capital. |
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
|
| 2 | A public limited company is run by |
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
|
| 3 | 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
|
| 4 | The capital laying in the deposits of commercial bank is called. |
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
|
| 5 | 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
|
| 6 | Land means nature resources which are available. |
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
|
| 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 | A public corporation comes into existence by means |
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
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| 9 | The submit the plan to the Registrar of Joint Stock Companies along with ______ documents |
A. Two
B. Three
C. Four
D. Five
|
| 10 | The maximum number of parteners in a partnership is . |
A. 20
B. 30
C. 15
D. 18
|
Test Questions
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