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

Intensive cultivation means.

Question # 2

Production of wealth takes place by:

Question # 3

All factors of production are substitutable with each other. it is held by:

Question # 4

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

Question # 5

Joint stock company is manged and run by a

Question # 6

A joint stock company has

Question # 7

Land means nature resources which are available.

Question # 8

Debenture holders recive.

Question # 9

The maximum number of parteners in a partnership is .

Question # 10

How many types of organization

Question # 11

Members of a public limited company in Pakistan are.

Question # 12

A public limited company is run by

Question # 13

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

Question # 14

Those who invest in joint stock companies are called

Question # 15

Members of business partnership in Pakistan are:

Question # 16

Members of a public limited company are elected by.

Question # 17

One of the following will not be capital.

Question # 18

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

Question # 19

Efficiency of land can be promoted by.

Question # 20

One of the following is gift of a nature .

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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 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
2 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
3 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
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 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
7 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
8 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
9 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
10 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

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