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 joint stock company has

Question # 2

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

Question # 3

The maximum number of parteners in a partnership is .

Question # 4

Pakistan population is growing a rate of .

Question # 5

Intensive cultivation means.

Question # 6

Production of wealth means:

Question # 7

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

Question # 8

Labour intensive technique of production means.

Question # 9

WAPDA is a

Question # 10

Mobility of labour can be promoted by.

Question # 11

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

Question # 12

Rice mill is a :

Question # 13

Factors of production are recently termed as.

Question # 14

Joint stock company is manged and run by a

Question # 15

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

Question # 16

Efficiency of land can be promoted by.

Question # 17

Members of a public limited company are elected by.

Question # 18

Land means nature resources which are available.

Question # 19

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

Question # 20

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

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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 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
2 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
3 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
4 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
5 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
6 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
7 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
8 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
9 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
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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