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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

A joint stock company has

Question # 2

Mobility of labour can be promoted by.

Question # 3

Production of wealth means:

Question # 4

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

Question # 5

A public corporation comes into existence by means

Question # 6

Members of a public limited company are elected by.

Question # 7

One of the following will not be capital.

Question # 8

The supply price of land is considered to be zero because .`

Question # 9

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

Question # 10

Land is mobile factor of production.

Question # 11

How many types of organization

Question # 12

How many merits of organization in text book

Question # 13

The proportion of rural population in Pakistan is:

Question # 14

How many various form of partnership

Question # 15

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

Question # 16

Limited liability is one of the advantages of

Question # 17

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

Question # 18

It is most suitable for large scale business

Question # 19

Habib Bank limited means that.

Question # 20

Rice mill is a :

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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 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
2 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
3 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
4 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
5 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
6 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
7 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
8 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
9 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
10 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation

Test Questions

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