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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
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"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
The capital laying in the deposits of commercial bank is called.
Question # 2
The word "LIMITED" at the end of a firm's name means
Question # 3
The maximum number of parteners in a partnership is .
Question # 4
A professor is promoted to be a principle . What type of mobility will it be.
Question # 5
Members of business partnership in Pakistan are:
Question # 6
Those who invest in joint stock companies are called
Question # 7
All factors of production are substitutable with each other. it is held by:
Question # 8
WAPDA is a
Question # 9
Debenture holders recive.
Question # 10
Intensive cultivation means.
Question # 11
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 12
How many types of organization
Question # 13
They can expand their business by selling shares in the stock market
Question # 14
Reward of which factor of production is not pre-determined?
Question # 15
It is most suitable for large scale business
Question # 16
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 17
Land is mobile factor of production.
Question # 18
It is an example of public limited company
Question # 19
Members of a public limited company are elected by.
Question # 20
Land means nature resources which are available.
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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M Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
M M.Attiq-U-Rehman 25 - Nov - 2023 02 Min 45 Sec 18/20 -
S shrushti 22 - Feb - 2021 01 Min 44 Sec 17/20 -
M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
M Malaika 29 - Jan - 2021 03 Min 45 Sec 16/20 -
Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
A Aeman 09 - Apr - 2021 11 Min 12 Sec 16/20 -
R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
H hanif 21 - Jan - 2018 02 Min 23 Sec 14/20 -
A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | How many types of organization |
A. 5
B. 6
C. 7
D. 8
|
| 2 | Efficiency of land can be promoted by. |
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
|
| 3 | A public corporation comes into existence by means |
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
|
| 4 | 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
|
| 5 | Those who invest in joint stock companies are called |
A. partners
B. shareholders
C. members
D. associates
|
| 6 | One of the following is fixed capital. |
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
|
| 7 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
| 8 | Limited liability is one of the advantages of |
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
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| 9 | Land is mobile factor of production. |
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
|
| 10 | 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
|
Test Questions
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