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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Joint stock company is manged and run by a

Question # 2

Social stagnation is a big obstacle to.

Question # 3

Those who invest in joint stock companies are called

Question # 4

How many types of organization

Question # 5

Land is mobile factor of production.

Question # 6

Production of wealth takes place by:

Question # 7

Habib Bank limited means that.

Question # 8

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

Question # 9

A joint stock company has

Question # 10

A public limited company is run by

Question # 11

The maximum number of parteners in a partnership is .

Question # 12

Debenture holders recive.

Question # 13

One of the following is gift of a nature .

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

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

Question # 18

WAPDA is a

Question # 19

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

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 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
3 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
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 business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
6 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
7 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
8 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
9 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
10 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

Test Questions

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