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

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Question # 1

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

Question # 2

How many types of organization

Question # 3

Social stagnation is a big obstacle to.

Question # 4

It is an example of public limited company

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Labour intensive technique of production means.

Question # 9

One of the following is not land.

Question # 10

How many various form of partnership

Question # 11

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

Question # 12

Those who invest in joint stock companies are called

Question # 13

Production of wealth takes place by:

Question # 14

Land is mobile factor of production.

Question # 15

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

Question # 16

He prepares the initial plan of the business

Question # 17

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

Question # 18

Efficiency of land can be promoted by.

Question # 19

Members of a public limited company are elected by.

Question # 20

Pakistan population is growing a rate of .

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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 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
2 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
3 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
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 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
6 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
7 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
8 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
9 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
10 How many various form of partnership
A. 3
B. 4
C. 5
D. 6

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