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Online Tests
Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers
Question # 1
The maximum number of parteners in a partnership is .
Choose an answer
20
30
15
18
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Question # 2
Rice mill is a :
Choose an answer
Fixed capital
Floating capital
Sunk capital
None of the three
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Question # 3
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 # 4
How many types of organization
Choose an answer
5
6
7
8
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Question # 5
Labour intensive technique of production means.
Choose an answer
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 # 6
All factors of production are substitutable with each other. it is held by:
Choose an answer
Wicksteed
Hicks
Pareto
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Question # 7
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 # 8
A public corporation comes into existence by means
Choose an answer
registration under the Companies Act
Act of parliament
decision by the shareholders
registration with the Stock Exchange
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Question # 9
A joint stock company has
Choose an answer
limited liability
unlimited liability
limited capital
unlimited capital
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Question # 10
Social stagnation is a big obstacle to.
Choose an answer
Mobility of labour
Division OF labour
Efficiency o labour
All the above
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Question # 11
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 # 12
Debenture holders recive.
Choose an answer
Interest
Wages
Dividend
Profit
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