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10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
1 Members of a public limited company are elected by.
  • A. Directors
  • B. Government
  • C. Financial institutions
  • D. Share holders
2 Mobility of labour can be promoted by.
  • A. Health
  • B. Better rewards
  • C. Immigration
  • D. Information media
3 He prepares the initial plan of the business
  • A. capitalist
  • B. manager
  • C. entrepreneur
  • D. officer
4 WAPDA is a
  • A. public corporation
  • B. public company
  • C. private company
  • D. partnership
5 Members of a public limited company in Pakistan are.
  • A. 5 to 50
  • B. 10 to 100
  • C. 7 to any number
  • D. only 5
6 How many types of organization
  • A. 5
  • B. 6
  • C. 7
  • D. 8
7 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
8 It is an example of public limited company
  • A. WAPDA
  • B. President House
  • C. SHELL petroleum
  • D. none of the above
9 The capital laying in the deposits of commercial bank is called.
  • A. Domestic capital
  • B. Real capital
  • C. Foreign capital
  • D. Money capital
10 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

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