More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers
Question # 1
All factors of production are substitutable with each other. it is held by:
Choose an answer
Wicksteed
Hicks
Pareto
Previous
Skip
Next
Question # 2
Members of a public limited company in Pakistan are.
Choose an answer
5 to 50
10 to 100
7 to any number
only 5
Previous
Skip
Next
Question # 3
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Choose an answer
Prof. Knight
Prof. Marshall
Prof. Robbins
Prof. Knees
Previous
Skip
Next
Question # 4
The capital which loses it from whenever it is used, is
Choose an answer
Circulating capital
Fixed capital
Money capital
Real capital
Previous
Skip
Next
Question # 5
The capital laying in the deposits of commercial bank is called.
Choose an answer
Domestic capital
Real capital
Foreign capital
Money capital
Previous
Skip
Next
Question # 6
Efficiency of land can be promoted by.
Choose an answer
Means of communication
Fertility of land
Climate condition
Quality of other factors
Previous
Skip
Next
Question # 7
WAPDA is a
Choose an answer
public corporation
public company
private company
partnership
Previous
Skip
Next
Question # 8
Production of wealth means:
Choose an answer
Driving a taxi
Teaching a daughter
A doctor serving his wife
All the three
Previous
Skip
Next
Question # 9
The maximum number of parteners in a partnership is .
Choose an answer
20
30
15
18
Previous
Skip
Next
Question # 10
How many various form of partnership
Choose an answer
3
4
5
6
Previous
Skip
Next
Question # 11
Social stagnation is a big obstacle to.
Choose an answer
Mobility of labour
Division OF labour
Efficiency o labour
All the above
Previous
Skip
Next
Question # 12
Land is mobile factor of production.
Choose an answer
Not mobile
Mobile by the transfer ownership
Geographically mobile
Mobile vertically
Previous
Skip
Next
Question # 13
The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
Choose an answer
Two
Three
Four
Five
Previous
Skip
Next
Question # 14
Members of a public limited company are elected by.
Choose an answer
Directors
Government
Financial institutions
Share holders
Previous
Skip
Next
Question # 15
It is an example of public limited company
Choose an answer
WAPDA
President House
SHELL petroleum
none of the above
Previous
Skip
Next
Question # 16
Members of business partnership in Pakistan are:
Choose an answer
2 to 20
5 to 20
2 to 25
2 to 3
Previous
Skip
Next
Question # 17
A public limited company is run by
Choose an answer
board of governors
board of managers
board of advisor's
board of directors
Previous
Skip
Next
Question # 18
One of the following is not land.
Choose an answer
Sui gas
Electric power
Atlantic Ocean`
A river
Previous
Skip
Next
Question # 19
Production of wealth takes place by:
Choose an answer
A combination of output
A combination of input
Labour only
Capital only
Previous
Skip
Next
Question # 20
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
Previous
Skip
Next
Back