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

Members of a public limited company are elected by.

Question # 2

Land means nature resources which are available.

Question # 3

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

Question # 4

Intensive cultivation means.

Question # 5

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

Question # 6

Habib Bank limited means that.

Question # 7

Rice mill is a :

Question # 8

Production of wealth means:

Question # 9

Members of a public limited company in Pakistan are.

Question # 10

A public corporation comes into existence by means

Question # 11

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

Question # 12

He prepares the initial plan of the business

Question # 13

To promote capital investment in a country, what is essentially required is.

Question # 14

Members of business partnership in Pakistan are:

Question # 15

Production of wealth takes place by:

Question # 16

Joint stock company is manged and run by a

Question # 17

Land is mobile factor of production.

Question # 18

Those who invest in joint stock companies are called

Question # 19

One of the following will not be capital.

Question # 20

Factors of production are recently termed as.

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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 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
2 Intensive cultivation means.
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
3 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
4 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
5 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
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 means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
8 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
9 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
10 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river

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