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

Debenture holders recive.

Question # 2

Rice mill is a :

Question # 3

Members of business partnership in Pakistan are:

Question # 4

How many merits of organization in text book

Question # 5

WAPDA is a

Question # 6

The maximum number of parteners in a partnership is .

Question # 7

Social stagnation is a big obstacle to.

Question # 8

Members of a public limited company in Pakistan are.

Question # 9

Production of wealth means:

Question # 10

Intensive cultivation means.

Question # 11

Land means nature resources which are available.

Question # 12

Production of wealth takes place by:

Question # 13

Habib Bank limited means that.

Question # 14

A public limited company is run by

Question # 15

Joint stock company is manged and run by a

Question # 16

One of the following will not be capital.

Question # 17

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

Question # 18

The proportion of rural population in Pakistan is:

Question # 19

It is an example of public limited company

Question # 20

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

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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 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
2 How many types of organization
A. 5
B. 6
C. 7
D. 8
3 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
4 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
5 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
8 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
9 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
10 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

Test Questions