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

One of the following is not land.

Question # 2

A public limited company is run by

Question # 3

One of the following is gift of a nature .

Question # 4

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

Question # 5

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

Question # 6

Rice mill is a :

Question # 7

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

Question # 8

Production of wealth means:

Question # 9

Efficiency of land can be promoted by.

Question # 10

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

Question # 11

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 12

WAPDA is a

Question # 13

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

Question # 14

Those who invest in joint stock companies are called

Question # 15

Production of wealth takes place by:

Question # 16

One of the following will not be capital.

Question # 17

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

Question # 18

How many various form of partnership

Question # 19

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

Question # 20

A public corporation comes into existence by means

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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 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
2 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
3 How many types of organization
A. 5
B. 6
C. 7
D. 8
4 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
5 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
6 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
7 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
8 Labour intensive technique of production means.
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
9 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
10 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

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