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

The supply price of land is considered to be zero because .`

Question # 2

A public limited company is run by

Question # 3

He prepares the initial plan of the business

Question # 4

How many merits of organization in text book

Question # 5

Those who invest in joint stock companies are called

Question # 6

Members of a public limited company in Pakistan are.

Question # 7

The capital which loses it from whenever it is used, is

Question # 8

Production of wealth takes place by:

Question # 9

Production of wealth means:

Question # 10

It is an example of public limited company

Question # 11

Debenture holders recive.

Question # 12

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

Question # 13

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

Question # 14

Habib Bank limited means that.

Question # 15

One of the following is gift of a nature .

Question # 16

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

Question # 17

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

Question # 18

One of the following will not be capital.

Question # 19

Members of business partnership in Pakistan are:

Question # 20

Social stagnation is a big obstacle to.

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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 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
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 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
4 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
5 How many types of organization
A. 5
B. 6
C. 7
D. 8
6 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
7 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
8 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
9 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
10 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital

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