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

Question # 2

A joint stock company has

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

Mobility of labour can be promoted by.

Question # 7

The proportion of rural population in Pakistan is:

Question # 8

Those who invest in joint stock companies are called

Question # 9

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

Question # 10

One of the following is gift of a nature .

Question # 11

Land is mobile factor of production.

Question # 12

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

Question # 13

Intensive cultivation means.

Question # 14

Labour intensive technique of production means.

Question # 15

Members of a public limited company in Pakistan are.

Question # 16

If a public limited company issues bonds to increase resources, then it pays

Question # 17

Pakistan population is growing a rate of .

Question # 18

Production of wealth means:

Question # 19

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

Question # 20

How many types of organization

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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 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
2 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
3 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
4 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
5 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
6 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
7 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders
8 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
9 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
10 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization

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