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

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

Question # 2

Efficiency of land can be promoted by.

Question # 3

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

Question # 4

Those who invest in joint stock companies are called

Question # 5

Members of business partnership in Pakistan are:

Question # 6

Mobility of labour can be promoted by.

Question # 7

Intensive cultivation means.

Question # 8

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

Question # 9

Labour intensive technique of production means.

Question # 10

Land means nature resources which are available.

Question # 11

Members of a public limited company in Pakistan are.

Question # 12

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

Question # 13

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

Question # 14

Rice mill is a :

Question # 15

Social stagnation is a big obstacle to.

Question # 16

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

Question # 17

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

Question # 18

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 19

Debenture holders recive.

Question # 20

One of the following is gift of a nature .

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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 can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
2 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
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 Intensive cultivation means.
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
5 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
6 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
7 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
8 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
9 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
10 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above

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