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

He prepares the initial plan of the business

Question # 2

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

Question # 3

Limited liability is one of the advantages of

Question # 4

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 5

Labour intensive technique of production means.

Question # 6

Members of a public limited company are elected by.

Question # 7

Joint stock company is manged and run by a

Question # 8

Efficiency of land can be promoted by.

Question # 9

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

Question # 10

Land is mobile factor of production.

Question # 11

Members of business partnership in Pakistan are:

Question # 12

One of the following will not be capital.

Question # 13

It is an example of public limited company

Question # 14

A professor is promoted to be a principle . What type of mobility will it be.

Question # 15

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 16

How many types of organization

Question # 17

A public corporation comes into existence by means

Question # 18

Debenture holders recive.

Question # 19

How many merits of organization in text book

Question # 20

To promote capital investment in a country, what is essentially required 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 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
2 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
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 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
5 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
6 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
7 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
8 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
9 How many types of organization
A. 5
B. 6
C. 7
D. 8
10 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10

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