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

How many various form of partnership

Question # 3

Those who invest in joint stock companies are called

Question # 4

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

Question # 5

It is an example of public limited company

Question # 6

How many types of organization

Question # 7

Land means nature resources which are available.

Question # 8

Debenture holders recive.

Question # 9

It is most suitable for large scale business

Question # 10

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 11

One of the following is gift of a nature .

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

Members of a public limited company in Pakistan are.

Question # 16

Factors of production are recently termed as.

Question # 17

Production of wealth means:

Question # 18

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

Question # 19

Land is mobile factor of production.

Question # 20

Reward of which factor of production is not pre-determined?

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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 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
2 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
3 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
4 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
5 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
6 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
7 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
8 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
9 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
10 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three

Test Questions

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