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

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Question # 1

The proportion of rural population in Pakistan is:

Question # 2

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

Question # 3

Mobility of labour can be promoted by.

Question # 4

Production of wealth takes place by:

Question # 5

A public limited company is run by

Question # 6

Social stagnation is a big obstacle to.

Question # 7

One of the following is fixed capital.

Question # 8

It is an example of public limited company

Question # 9

One of the following is not land.

Question # 10

To promote capital investment in a country, what is essentially required is.

Question # 11

How many merits of organization in text book

Question # 12

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

Question # 13

A professor is promoted to be a principle . What type of mobility will it be.

Question # 14

Members of a public limited company in Pakistan are.

Question # 15

Members of a public limited company are elected by.

Question # 16

Production of wealth means:

Question # 17

Factors of production are recently termed as.

Question # 18

If a public limited company issues bonds to increase resources, then it pays

Question # 19

It is most suitable for large scale business

Question # 20

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

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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 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
2 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
3 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
4 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
5 How many types of organization
A. 5
B. 6
C. 7
D. 8
6 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
7 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
8 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
9 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
10 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five

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