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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
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The 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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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
Intensive cultivation means.
Question # 2
One of the following is fixed capital.
Question # 3
A professor is promoted to be a principle . What type of mobility will it be.
Question # 4
A public corporation comes into existence by means
Question # 5
Limited liability is one of the advantages of
Question # 6
Factors of production are recently termed as.
Question # 7
A public limited company is run by
Question # 8
The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
Question # 9
How many various form of partnership
Question # 10
One of the following can be registered in a stock exchange.
Question # 11
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 12
Rice mill is a :
Question # 13
The word "LIMITED" at the end of a firm's name means
Question # 14
Pakistan population is growing a rate of .
Question # 15
How many types of organization
Question # 16
They can expand their business by selling shares in the stock market
Question # 17
The maximum number of parteners in a partnership is .
Question # 18
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 19
He prepares the initial plan of the business
Question # 20
All factors of production are substitutable with each other. it is held by:
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
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R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | How many merits of organization in text book |
A. 7
B. 8
C. 9
D. 10
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| 2 | 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
|
| 3 | 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
|
| 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 | Production of wealth means: |
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
|
| 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 | Social stagnation is a big obstacle to. |
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
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| 8 | A joint stock company has |
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
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| 9 | 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
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| 10 | One of the following is gift of a nature . |
A. Land
B. Labour
C. Capital
D. Organization
|
Test Questions