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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

He prepares the initial plan of the business

Question # 2

How many merits of organization in text book

Question # 3

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

Question # 4

Labour intensive technique of production means.

Question # 5

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

Question # 6

Rice mill is a :

Question # 7

It is an example of public limited company

Question # 8

Joint stock company is manged and run by a

Question # 9

Land is mobile factor of production.

Question # 10

One of the following will not be capital.

Question # 11

How many types of organization

Question # 12

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

Question # 13

Social stagnation is a big obstacle to.

Question # 14

Intensive cultivation means.

Question # 15

Mobility of labour can be promoted by.

Question # 16

A joint stock company has

Question # 17

Members of a public limited company are elected by.

Question # 18

Members of business partnership in Pakistan are:

Question # 19

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

Question # 20

How many various form of partnership

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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 The supply price of land is considered to be zero because .`
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
2 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
3 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
4 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
5 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
6 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
7 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
8 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
9 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
10 How many types of organization
A. 5
B. 6
C. 7
D. 8

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