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

Intensive cultivation means.

Question # 2

The proportion of rural population in Pakistan is:

Question # 3

Rice mill is a :

Question # 4

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

Question # 5

The capital laying in the deposits of commercial bank is called.

Question # 6

It is most suitable for large scale business

Question # 7

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

Question # 8

Production of wealth takes place by:

Question # 9

Debenture holders recive.

Question # 10

The maximum number of parteners in a partnership is .

Question # 11

Social stagnation is a big obstacle to.

Question # 12

Pakistan population is growing a rate of .

Question # 13

The capital which loses it from whenever it is used, is

Question # 14

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

Question # 15

Members of a public limited company are elected by.

Question # 16

One of the following is not land.

Question # 17

One of the following is fixed capital.

Question # 18

One of the following will not be capital.

Question # 19

Joint stock company is manged and run by a

Question # 20

Members of business partnership in Pakistan are:

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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 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
2 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
3 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
4 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
5 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
6 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
7 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
8 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
9 Labour intensive technique of production means.
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
10 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors

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