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

Question # 2

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

Question # 3

Factors of production are recently termed as.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

Land is mobile factor of production.

Question # 8

One of the following will not be capital.

Question # 9

One of the following is gift of a nature .

Question # 10

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

Question # 11

The word "LIMITED" at the end of a firm's name means

Question # 12

One of the following is not land.

Question # 13

Production of wealth takes place by:

Question # 14

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

Question # 15

Intensive cultivation means.

Question # 16

Members of a public limited company in Pakistan are.

Question # 17

Land means nature resources which are available.

Question # 18

Labour intensive technique of production means.

Question # 19

A joint stock company has

Question # 20

How many various form of partnership

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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 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
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 How many types of organization
A. 5
B. 6
C. 7
D. 8
4 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
5 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
6 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
7 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
8 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
9 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
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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