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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

It is most suitable for large scale business

Question # 2

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

Question # 3

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

Question # 4

Members of a public limited company in Pakistan are.

Question # 5

One of the following is not land.

Question # 6

Rice mill is a :

Question # 7

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

Question # 8

How many types of organization

Question # 9

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 10

Efficiency of land can be promoted by.

Question # 11

How many various form of partnership

Question # 12

Factors of production are recently termed as.

Question # 13

Production of wealth means:

Question # 14

Limited liability is one of the advantages of

Question # 15

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

Question # 16

WAPDA is a

Question # 17

Land is mobile factor of production.

Question # 18

Members of a public limited company are elected by.

Question # 19

He prepares the initial plan of the business

Question # 20

Land means nature resources which are available.

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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 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
2 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
3 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
4 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
5 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
6 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
7 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
8 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
9 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
10 How many types of organization
A. 5
B. 6
C. 7
D. 8

Test Questions

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