10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

Start Chapter 10 Test

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
1 Land is mobile factor of production.
  • A. Not mobile
  • B. Mobile by the transfer ownership
  • C. Geographically mobile
  • D. Mobile vertically
2 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
3 Members of a public limited company in Pakistan are.
  • A. 5 to 50
  • B. 10 to 100
  • C. 7 to any number
  • D. only 5
4 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
5 Land means nature resources which are available.
  • A. On the soil
  • B. Above the soil
  • C. Below the soil
  • D. All the above
6 Efficiency of land can be promoted by.
  • A. Means of communication
  • B. Fertility of land
  • C. Climate condition
  • D. Quality of other factors
7 A professor is promoted to be a principle . What type of mobility will it be.
  • A. Vertical mobility
  • B. Horizontal mobility
  • C. Geographical mobility
  • D. None of the three
8 One of the following can be registered in a stock exchange.
  • A. Business under partnership
  • B. Cooperative society
  • C. Join stock company
  • D. Sole proprietorship
9 The capital laying in the deposits of commercial bank is called.
  • A. Domestic capital
  • B. Real capital
  • C. Foreign capital
  • D. Money capital
10 WAPDA is a
  • A. public corporation
  • B. public company
  • C. private company
  • D. partnership

Top Scorers of Economics Ics Part 1 English Medium Chapter 10 Online Test

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Xiao Jea

Lahore29 - Jun - 2025

10/20
07 Mins 05 Sec

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