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 public corporation comes into existence by means

Question # 2

Efficiency of land can be promoted by.

Question # 3

How many various form of partnership

Question # 4

Those who invest in joint stock companies are called

Question # 5

How many merits of organization in text book

Question # 6

Production of wealth takes place by:

Question # 7

Limited liability is one of the advantages of

Question # 8

Habib Bank limited means that.

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

Labour intensive technique of production means.

Question # 13

A public limited company is run by

Question # 14

Intensive cultivation means.

Question # 15

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

Question # 16

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

Question # 17

The proportion of rural population in Pakistan is:

Question # 18

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

Question # 19

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

Question # 20

It is most suitable for large scale business

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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 Members of a public limited company in Pakistan are.
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5
2 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
3 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
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 A professor is promoted to be a principle . What type of mobility will it be.
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
6 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
7 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
8 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
9 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
10 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital

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