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

How many various form of partnership

Question # 2

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

Question # 3

One of the following is gift of a nature .

Question # 4

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

Question # 5

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

Question # 6

Land means nature resources which are available.

Question # 7

The maximum number of parteners in a partnership is .

Question # 8

Social stagnation is a big obstacle to.

Question # 9

Efficiency of land can be promoted by.

Question # 10

Those who invest in joint stock companies are called

Question # 11

Labour intensive technique of production means.

Question # 12

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

Question # 13

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

Question # 14

Debenture holders recive.

Question # 15

Factors of production are recently termed as.

Question # 16

Production of wealth takes place by:

Question # 17

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

Question # 18

One of the following is not land.

Question # 19

A public corporation comes into existence by means

Question # 20

Members of a public limited company are elected by.

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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 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
2 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
3 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
4 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
5 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
6 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
7 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
8 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
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 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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