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"

Try The MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 2

Production of wealth takes place by:

Question # 3

One of the following will not be capital.

Question # 4

WAPDA is a

Question # 5

Limited liability is one of the advantages of

Question # 6

The proportion of rural population in Pakistan is:

Question # 7

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

Question # 8

One of the following is gift of a nature .

Question # 9

One of the following can be registered in a stock exchange.

Question # 10

Efficiency of land can be promoted by.

Question # 11

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

Question # 12

One of the following is fixed capital.

Question # 13

The capital laying in the deposits of commercial bank is called.

Question # 14

Pakistan population is growing a rate of .

Question # 15

The supply price of land is considered to be zero because .`

Question # 16

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

Question # 17

Joint stock company is manged and run by a

Question # 18

Intensive cultivation means.

Question # 19

Production of wealth means:

Question # 20

Labour intensive technique of production means.

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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 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
2 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
3 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
4 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
5 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
6 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
7 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
8 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
9 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
10 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors

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