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

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Question # 1

Efficiency of land can be promoted by.

Question # 2

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

Question # 3

One of the following is fixed capital.

Question # 4

The proportion of rural population in Pakistan is:

Question # 5

Labour intensive technique of production means.

Question # 6

WAPDA is a

Question # 7

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

Question # 8

They can expand their business by selling shares in the stock market

Question # 9

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

Question # 10

One of the following is gift of a nature .

Question # 11

Intensive cultivation means.

Question # 12

Habib Bank limited means that.

Question # 13

Factors of production are recently termed as.

Question # 14

Land is mobile factor of production.

Question # 15

One of the following is not land.

Question # 16

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

Question # 17

A public limited company is run by

Question # 18

Debenture holders recive.

Question # 19

Social stagnation is a big obstacle to.

Question # 20

The maximum number of parteners in a partnership 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 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
2 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
3 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
4 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
5 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
6 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
7 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
8 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
9 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
10 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership

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