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

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

Question # 2

How many types of organization

Question # 3

Land means nature resources which are available.

Question # 4

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

Question # 5

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

Question # 6

WAPDA is a

Question # 7

It is an example of public limited company

Question # 8

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

Question # 9

The capital laying in the deposits of commercial bank is called.

Question # 10

Members of a public limited company in Pakistan are.

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

Mobility of labour can be promoted by.

Question # 15

Labour intensive technique of production means.

Question # 16

Rice mill is a :

Question # 17

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

Question # 18

Social stagnation is a big obstacle to.

Question # 19

How many various form of partnership

Question # 20

He prepares the initial plan of the business

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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 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
2 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
3 How many types of organization
A. 5
B. 6
C. 7
D. 8
4 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
5 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
8 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
9 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
10 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital

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