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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
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"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
Limited liability is one of the advantages of
Question # 2
Land means nature resources which are available.
Question # 3
One of the following is not land.
Question # 4
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 5
To promote capital investment in a country, what is essentially required is.
Question # 6
The word "LIMITED" at the end of a firm's name means
Question # 7
Labour intensive technique of production means.
Question # 8
A public corporation comes into existence by means
Question # 9
Reward of which factor of production is not pre-determined?
Question # 10
Mobility of labour can be promoted by.
Question # 11
A joint stock company has
Question # 12
Efficiency of land can be promoted by.
Question # 13
Members of a public limited company in Pakistan are.
Question # 14
Intensive cultivation means.
Question # 15
The proportion of rural population in Pakistan is:
Question # 16
Habib Bank limited means that.
Question # 17
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 18
One of the following can be registered in a stock exchange.
Question # 19
WAPDA is a
Question # 20
Joint stock company is manged and run by a
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | A public limited company is run by |
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
|
| 2 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
| 3 | Joint stock company is manged and run by a |
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
|
| 4 | WAPDA is a |
A. public corporation
B. public company
C. private company
D. partnership
|
| 5 | Habib Bank limited means that. |
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
|
| 6 | Members of business partnership in Pakistan are: |
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
|
| 7 | Land means nature resources which are available. |
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
|
| 8 | Debenture holders recive. |
A. Interest
B. Wages
C. Dividend
D. Profit
|
| 9 | How many types of organization |
A. 5
B. 6
C. 7
D. 8
|
| 10 | A professor is promoted to be a principle . What type of mobility will it be. |
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
|
Test Questions