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

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

Sr. # Questions Answers Choice
1 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
2 If a public limited company issues bonds to increase resources, then it pays
  • A. fixed premium to bond holders
  • B. fixed interest to bond holders
  • C. fixed tax to bond holders
  • D. fixed profit to bond holders
3 One of the following is fixed capital.
  • A. Raw material
  • B. Defence saving certificate
  • C. Machinery
  • D. None f the three
4 Mobility of labour can be promoted by.
  • A. Health
  • B. Better rewards
  • C. Immigration
  • D. Information media
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 The proportion of rural population in Pakistan is:
  • A. 68%
  • B. 70%
  • C. 72%
  • D. 74%
7 Efficiency of land can be promoted by.
  • A. Means of communication
  • B. Fertility of land
  • C. Climate condition
  • D. Quality of other factors
8 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
9 The maximum number of parteners in a partnership is .
  • A. 20
  • B. 30
  • C. 15
  • D. 18
10 Members of business partnership in Pakistan are:
  • A. 2 to 20
  • B. 5 to 20
  • C. 2 to 25
  • D. 2 to 3

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