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

A joint stock company has

Question # 2

Members of a public limited company are elected by.

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

It is most suitable for large scale business

Question # 9

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

Question # 10

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

Question # 11

It is an example of public limited company

Question # 12

WAPDA is a

Question # 13

Land means nature resources which are available.

Question # 14

Debenture holders recive.

Question # 15

Labour intensive technique of production means.

Question # 16

How many types of organization

Question # 17

The maximum number of parteners in a partnership is .

Question # 18

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

Question # 19

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

Question # 20

Mobility of labour can be promoted by.

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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 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
3 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
4 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
5 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
6 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
7 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
8 The supply price of land is considered to be zero because .`
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
9 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
10 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

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