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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

It is an example of public limited company

Question # 2

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

Question # 3

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

Question # 4

Labour intensive technique of production means.

Question # 5

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

Question # 6

Intensive cultivation means.

Question # 7

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

Question # 8

The maximum number of parteners in a partnership is .

Question # 9

Joint stock company is manged and run by a

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

A public limited company is run by

Question # 14

One of the following will not be capital.

Question # 15

Factors of production are recently termed as.

Question # 16

Members of business partnership in Pakistan are:

Question # 17

Mobility of labour can be promoted by.

Question # 18

How many merits of organization in text book

Question # 19

Land is mobile factor of production.

Question # 20

Members of a public limited company are elected 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 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
3 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
4 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
5 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
6 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
7 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
8 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
9 How many types of organization
A. 5
B. 6
C. 7
D. 8
10 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees

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