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Online Tests
Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers
Question # 1
Production of wealth means:
Choose an answer
Driving a taxi
Teaching a daughter
A doctor serving his wife
All the three
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Question # 2
Intensive cultivation means.
Choose an answer
Extending land for cultivation
Use of more input at the same land
More input and more land to be used`
More land and less labour to be used
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Question # 3
A joint stock company has
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limited liability
unlimited liability
limited capital
unlimited capital
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Question # 4
Limited liability is one of the advantages of
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partnership
sole proprietor
joint stock company
cooperative society
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Question # 5
One of the following will not be capital.
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Mchinery
Means of communication
Water falls
Means of transportation
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Question # 6
Debenture holders recive.
Choose an answer
Interest
Wages
Dividend
Profit
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Question # 7
A person who contributes funds in partnership but does not take active part in management of business is called
Choose an answer
sleeping partner
helping partner
temporary partner
inactive partner
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Question # 8
Land is mobile factor of production.
Choose an answer
Not mobile
Mobile by the transfer ownership
Geographically mobile
Mobile vertically
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Question # 9
They can expand their business by selling shares in the stock market
Choose an answer
proprietor of a business
partners of the business
joint stock company
industrial cooperative societies
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Question # 10
Habib Bank limited means that.
Choose an answer
Its capital is limited
It shareholders are limited
The liability of each shareholders is limited
Non of the three
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Question # 11
Members of a public limited company are elected by.
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Directors
Government
Financial institutions
Share holders
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Question # 12
One of the following is not land.
Choose an answer
Sui gas
Electric power
Atlantic Ocean`
A river
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