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"

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  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Joint stock company is manged and run by a

Question # 2

The capital which loses it from whenever it is used, is

Question # 3

One of the following is not land.

Question # 4

Production of wealth takes place by:

Question # 5

Production of wealth means:

Question # 6

Those who invest in joint stock companies are called

Question # 7

The proportion of rural population in Pakistan is:

Question # 8

Members of business partnership in Pakistan are:

Question # 9

Factors of production are recently termed as.

Question # 10

Rice mill is a :

Question # 11

Land is mobile factor of production.

Question # 12

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 13

How many merits of organization in text book

Question # 14

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

Question # 15

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

Question # 16

How many types of organization

Question # 17

It is most suitable for large scale business

Question # 18

Intensive cultivation means.

Question # 19

A joint stock company has

Question # 20

Debenture holders recive.

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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 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
2 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
3 How many types of organization
A. 5
B. 6
C. 7
D. 8
4 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
5 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
6 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
7 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
8 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
9 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
10 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation

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