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

Efficiency of land can be promoted by.

Question # 2

How many various form of partnership

Question # 3

One of the following is fixed capital.

Question # 4

Those who invest in joint stock companies are called

Question # 5

Habib Bank limited means that.

Question # 6

The maximum number of parteners in a partnership is .

Question # 7

The proportion of rural population in Pakistan is:

Question # 8

WAPDA is a

Question # 9

Members of a public limited company in Pakistan are.

Question # 10

Debenture holders recive.

Question # 11

Rice mill is a :

Question # 12

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

Question # 13

Members of a public limited company are elected by.

Question # 14

One of the following is not land.

Question # 15

One of the following can be registered in a stock exchange.

Question # 16

Members of business partnership in Pakistan are:

Question # 17

A public limited company is run by

Question # 18

Production of wealth takes place by:

Question # 19

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

Question # 20

Joint stock company is manged and run by a

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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 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
2 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
3 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
4 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
5 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
6 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
7 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
8 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
9 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
10 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

Test Questions

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