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Online Tests
Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers
Question # 1
If a public limited company issues bonds to increase resources, then it pays
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fixed premium to bond holders
fixed interest to bond holders
fixed tax to bond holders
fixed profit to bond holders
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Question # 2
The supply price of land is considered to be zero because .`
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Its supply is limited
Its supply is infinity
In aggregate sense its cost of production s zero
Its demand is limited
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Question # 3
The capital which loses it from whenever it is used, is
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Circulating capital
Fixed capital
Money capital
Real capital
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Question # 4
The word "LIMITED" at the end of a firm's name means
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it produces only commodity
has limited capital
cannot have more than 100 members
shareholders liability to pay debt of firm cannot exceed value of their investment
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Question # 5
All factors of production are substitutable with each other. it is held by:
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Wicksteed
Hicks
Pareto
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Question # 6
Production of wealth means:
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Driving a taxi
Teaching a daughter
A doctor serving his wife
All the three
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Question # 7
Those who invest in joint stock companies are called
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partners
shareholders
members
associates
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Question # 8
The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
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Two
Three
Four
Five
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Question # 9
To promote capital investment in a country, what is essentially required is.
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Basic infrastructure
Bank credit
Law and ordered
Stock broker
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Question # 10
Land is mobile factor of production.
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Not mobile
Mobile by the transfer ownership
Geographically mobile
Mobile vertically
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Question # 11
The proportion of rural population in Pakistan is:
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68%
70%
72%
74%
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Question # 12
Members of a public limited company are elected by.
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Directors
Government
Financial institutions
Share holders
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Question # 13
Members of a public limited company in Pakistan are.
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5 to 50
10 to 100
7 to any number
only 5
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Question # 14
One of the following is fixed capital.
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Raw material
Defence saving certificate
Machinery
None f the three
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Question # 15
WAPDA is a
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public corporation
public company
private company
partnership
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Question # 16
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 # 17
Labour intensive technique of production means.
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More labour and less capital
Less labour and more capital
More labour and no land
More land and no labour
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Question # 18
Factors of production are recently termed as.
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Output
Outly
Input
None of them
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Question # 19
Reward of which factor of production is not pre-determined?
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labour
land
capital
organisation
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Question # 20
Intensive cultivation means.
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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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