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

How many merits of organization in text book

Question # 2

One of the following is gift of a nature .

Question # 3

Members of business partnership in Pakistan are:

Question # 4

A joint stock company has

Question # 5

One of the following will not be capital.

Question # 6

Reward of which factor of production is not pre-determined?

Question # 7

Labour intensive technique of production means.

Question # 8

One of the following can be registered in a stock exchange.

Question # 9

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

Question # 10

He prepares the initial plan of the business

Question # 11

Social stagnation is a big obstacle to.

Question # 12

Those who invest in joint stock companies are called

Question # 13

Debenture holders recive.

Question # 14

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

Question # 15

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

Question # 16

How many types of organization

Question # 17

The maximum number of parteners in a partnership is .

Question # 18

Land means nature resources which are available.

Question # 19

Rice mill is a :

Question # 20

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

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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 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
2 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
3 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
4 How many types of organization
A. 5
B. 6
C. 7
D. 8
5 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
6 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
7 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
8 The supply price of land is considered to be zero because .`
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
9 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
10 How many various form of partnership
A. 3
B. 4
C. 5
D. 6

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