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

Labour intensive technique of production means.

Question # 2

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 3

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

Question # 4

A public corporation comes into existence by means

Question # 5

Those who invest in joint stock companies are called

Question # 6

Intensive cultivation means.

Question # 7

One of the following will not be capital.

Question # 8

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

Question # 9

Debenture holders recive.

Question # 10

A professor is promoted to be a principle . What type of mobility will it be.

Question # 11

A joint stock company has

Question # 12

One of the following is not land.

Question # 13

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

Question # 14

Limited liability is one of the advantages of

Question # 15

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

Question # 16

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

Question # 17

Land means nature resources which are available.

Question # 18

Pakistan population is growing a rate of .

Question # 19

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

Question # 20

Habib Bank limited means that.

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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 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
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 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
4 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
5 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
6 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
7 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
8 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
9 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
10 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only

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