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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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

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

Question # 2

It is an example of public limited company

Question # 3

Land means nature resources which are available.

Question # 4

How many merits of organization in text book

Question # 5

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

Question # 6

Land is mobile factor of production.

Question # 7

The proportion of rural population in Pakistan is:

Question # 8

Rice mill is a :

Question # 9

Efficiency of land can be promoted by.

Question # 10

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 11

A joint stock company has

Question # 12

Limited liability is one of the advantages of

Question # 13

How many types of organization

Question # 14

Those who invest in joint stock companies are called

Question # 15

Members of a public limited company are elected by.

Question # 16

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

Question # 17

They can expand their business by selling shares in the stock market

Question # 18

Reward of which factor of production is not pre-determined?

Question # 19

Mobility of labour can be promoted by.

Question # 20

One of the following will not be capital.

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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 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
2 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
3 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
4 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
5 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
6 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
7 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
8 Labour intensive technique of production means.
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
9 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
10 How many various form of partnership
A. 3
B. 4
C. 5
D. 6

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