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"

Try The MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

  • Total Questions20

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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Social stagnation is a big obstacle to.

Question # 2

How many merits of organization in text book

Question # 3

Mobility of labour can be promoted by.

Question # 4

Efficiency of land can be promoted by.

Question # 5

Joint stock company is manged and run by a

Question # 6

Habib Bank limited means that.

Question # 7

The maximum number of parteners in a partnership is .

Question # 8

Limited liability is one of the advantages of

Question # 9

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

Question # 10

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

Question # 11

Factors of production are recently termed as.

Question # 12

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

Question # 13

Production of wealth takes place by:

Question # 14

It is an example of public limited company

Question # 15

It is most suitable for large scale business

Question # 16

Pakistan population is growing a rate of .

Question # 17

One of the following is gift of a nature .

Question # 18

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

Question # 19

Members of business partnership in Pakistan are:

Question # 20

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

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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 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
2 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
3 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
4 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
5 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
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 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
8 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
9 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
10 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

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