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"

Try The MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

A public corporation comes into existence by means

Question # 2

Habib Bank limited means that.

Question # 3

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

Question # 4

Efficiency of land can be promoted by.

Question # 5

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

Question # 6

Land means nature resources which are available.

Question # 7

One of the following is not land.

Question # 8

Factors of production are recently termed as.

Question # 9

Members of a public limited company in Pakistan are.

Question # 10

One of the following will not be capital.

Question # 11

Mobility of labour can be promoted by.

Question # 12

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

Question # 13

Production of wealth takes place by:

Question # 14

It is an example of public limited company

Question # 15

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

Question # 16

The maximum number of parteners in a partnership is .

Question # 17

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

Question # 18

Debenture holders recive.

Question # 19

Pakistan population is growing a rate of .

Question # 20

Land is mobile factor of production.

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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 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
2 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
3 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
4 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
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 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
7 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
8 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
9 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
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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