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

Question # 2

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

Question # 3

How many various form of partnership

Question # 4

He prepares the initial plan of the business

Question # 5

Production of wealth means:

Question # 6

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

Question # 7

Members of business partnership in Pakistan are:

Question # 8

Joint stock company is manged and run by a

Question # 9

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

Question # 10

How many merits of organization in text book

Question # 11

Mobility of labour can be promoted by.

Question # 12

Habib Bank limited means that.

Question # 13

A public corporation comes into existence by means

Question # 14

Land is mobile factor of production.

Question # 15

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

Question # 16

One of the following will not be capital.

Question # 17

Efficiency of land can be promoted by.

Question # 18

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

Question # 19

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

Question # 20

Debenture holders recive.

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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 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
2 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
3 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
4 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
5 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
6 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
7 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
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 How many types of organization
A. 5
B. 6
C. 7
D. 8
10 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%

Test Questions

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