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

Mobility of labour can be promoted by.

Question # 3

Production of wealth means:

Question # 4

The word "LIMITED" at the end of a firm's name means

Question # 5

WAPDA is a

Question # 6

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

Question # 7

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

Question # 8

Rice mill is a :

Question # 9

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

Question # 10

Labour intensive technique of production means.

Question # 11

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

Question # 12

He prepares the initial plan of the business

Question # 13

Factors of production are recently termed as.

Question # 14

Social stagnation is a big obstacle to.

Question # 15

Those who invest in joint stock companies are called

Question # 16

A joint stock company has

Question # 17

Habib Bank limited means that.

Question # 18

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

Question # 19

Pakistan population is growing a rate of .

Question # 20

One of the following is fixed capital.

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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 capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
2 Members of a public limited company in Pakistan are.
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5
3 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
4 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
5 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
6 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
7 One of the following can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
8 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
9 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
10 Intensive cultivation means.
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used

Test Questions

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