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

How many types of organization

Question # 2

One of the following is not land.

Question # 3

Reward of which factor of production is not pre-determined?

Question # 4

One of the following is fixed capital.

Question # 5

One of the following will not be capital.

Question # 6

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

Question # 7

Those who invest in joint stock companies are called

Question # 8

The maximum number of parteners in a partnership is .

Question # 9

Limited liability is one of the advantages of

Question # 10

A joint stock company has

Question # 11

WAPDA is a

Question # 12

It is an example of public limited company

Question # 13

It is most suitable for large scale business

Question # 14

Factors of production are recently termed as.

Question # 15

Members of a public limited company in Pakistan are.

Question # 16

How many various form of partnership

Question # 17

Efficiency of land can be promoted by.

Question # 18

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

Question # 19

Members of business partnership in Pakistan are:

Question # 20

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

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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 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
2 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
3 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
4 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
5 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
6 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
7 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
8 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
9 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
10 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation

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