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

One of the following is not land.

Question # 2

Labour intensive technique of production means.

Question # 3

The maximum number of parteners in a partnership is .

Question # 4

It is an example of public limited company

Question # 5

Social stagnation is a big obstacle to.

Question # 6

Members of a public limited company in Pakistan are.

Question # 7

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

Question # 8

Joint stock company is manged and run by a

Question # 9

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

Question # 10

Land means nature resources which are available.

Question # 11

Factors of production are recently termed as.

Question # 12

Members of business partnership in Pakistan are:

Question # 13

One of the following is fixed capital.

Question # 14

How many merits of organization in text book

Question # 15

To promote capital investment in a country, what is essentially required is.

Question # 16

WAPDA is a

Question # 17

A joint stock company has

Question # 18

Efficiency of land can be promoted by.

Question # 19

Pakistan population is growing a rate of .

Question # 20

The proportion of rural population in Pakistan is:

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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 is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
2 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
3 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
4 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
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 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
7 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders
8 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
9 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
10 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization

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