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

Debenture holders recive.

Question # 2

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

Question # 3

Those who invest in joint stock companies are called

Question # 4

Members of a public limited company are elected by.

Question # 5

Factors of production are recently termed as.

Question # 6

Mobility of labour can be promoted by.

Question # 7

It is an example of public limited company

Question # 8

Labour intensive technique of production means.

Question # 9

How many types of organization

Question # 10

Land means nature resources which are available.

Question # 11

Habib Bank limited means that.

Question # 12

He prepares the initial plan of the business

Question # 13

One of the following is gift of a nature .

Question # 14

How many various form of partnership

Question # 15

The capital which loses it from whenever it is used, is

Question # 16

Members of business partnership in Pakistan are:

Question # 17

Limited liability is one of the advantages of

Question # 18

A professor is promoted to be a principle . What type of mobility will it be.

Question # 19

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

Question # 20

One of the following is not land.

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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 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
2 Habib Bank limited means that.
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
3 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
4 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
5 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
6 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
7 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
8 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
9 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
10 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership

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