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

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

Question # 2

Limited liability is one of the advantages of

Question # 3

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

Question # 4

How many types of organization

Question # 5

Rice mill is a :

Question # 6

One of the following is gift of a nature .

Question # 7

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

Question # 8

Members of a public limited company are elected by.

Question # 9

WAPDA is a

Question # 10

The proportion of rural population in Pakistan is:

Question # 11

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

Question # 12

A public corporation comes into existence by means

Question # 13

The maximum number of parteners in a partnership is .

Question # 14

How many various form of partnership

Question # 15

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

Question # 16

A public limited company is run by

Question # 17

One of the following is not land.

Question # 18

He prepares the initial plan of the business

Question # 19

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

Question # 20

Intensive cultivation 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 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
2 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
3 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
4 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
5 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
6 The word "LIMITED" at the end of a firm's name means
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
7 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
8 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
9 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
10 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation

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