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

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

Question # 2

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

Question # 3

Members of a public limited company in Pakistan are.

Question # 4

Factors of production are recently termed as.

Question # 5

One of the following is gift of a nature .

Question # 6

The proportion of rural population in Pakistan is:

Question # 7

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

Question # 8

Joint stock company is manged and run by a

Question # 9

Pakistan population is growing a rate of .

Question # 10

A public limited company is run by

Question # 11

Rice mill is a :

Question # 12

Efficiency of land can be promoted by.

Question # 13

It is most suitable for large scale business

Question # 14

Land is mobile factor of production.

Question # 15

One of the following will not be capital.

Question # 16

How many merits of organization in text book

Question # 17

Labour intensive technique of production means.

Question # 18

One of the following is fixed capital.

Question # 19

The maximum number of parteners in a partnership is .

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 How many types of organization
A. 5
B. 6
C. 7
D. 8
2 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
3 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
4 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
5 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
6 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
7 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
8 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
9 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
10 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five

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