10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

Start Chapter 10 Test

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
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 fixed capital.
  • A. Raw material
  • B. Defence saving certificate
  • C. Machinery
  • D. None f the three
3 Debenture holders recive.
  • A. Interest
  • B. Wages
  • C. Dividend
  • D. Profit
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 Limited liability is one of the advantages of
  • A. partnership
  • B. sole proprietor
  • C. joint stock company
  • D. cooperative society
6 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
7 WAPDA is a
  • A. public corporation
  • B. public company
  • C. private company
  • D. partnership
8 The capital laying in the deposits of commercial bank is called.
  • A. Domestic capital
  • B. Real capital
  • C. Foreign capital
  • D. Money capital
9 Factors of production are recently termed as.
  • A. Output
  • B. Outly
  • C. Input
  • D. None of them
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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