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10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
1 Rice mill is a :
  • A. Fixed capital
  • B. Floating capital
  • C. Sunk capital
  • D. None of the three
2 The proportion of rural population in Pakistan is:
  • A. 68%
  • B. 70%
  • C. 72%
  • D. 74%
3 Debenture holders recive.
  • A. Interest
  • B. Wages
  • C. Dividend
  • D. Profit
4 One of the following will not be capital.
  • A. Mchinery
  • B. Means of communication
  • C. Water falls
  • D. Means of transportation
5 The capital which loses it from whenever it is used, is
  • A. Circulating capital
  • B. Fixed capital
  • C. Money capital
  • D. Real capital
6 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
7 How many merits of organization in text book
  • A. 7
  • B. 8
  • C. 9
  • D. 10
8 Limited liability is one of the advantages of
  • A. partnership
  • B. sole proprietor
  • C. joint stock company
  • D. cooperative society
9 He prepares the initial plan of the business
  • A. capitalist
  • B. manager
  • C. entrepreneur
  • D. officer
10 Social stagnation is a big obstacle to.
  • A. Mobility of labour
  • B. Division OF labour
  • C. Efficiency o labour
  • D. All the above

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