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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ICS Part 1 Economics Chapter Wise Test

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

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Question # 1

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

Question # 2

How many merits of organization in text book

Question # 3

Members of a public limited company are elected by.

Question # 4

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

Question # 5

The proportion of rural population in Pakistan is:

Question # 6

A person who contributes funds in partnership but does not take active part in management of business is called

Question # 7

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

Question # 8

Habib Bank limited means that.

Question # 9

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

Question # 10

The maximum number of parteners in a partnership is .

Question # 11

Land means nature resources which are available.

Question # 12

He prepares the initial plan of the business

Question # 13

Social stagnation is a big obstacle to.

Question # 14

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

Question # 15

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

Question # 16

Debenture holders recive.

Question # 17

One of the following is gift of a nature .

Question # 18

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

Question # 19

It is an example of public limited company

Question # 20

Members of a public limited company in Pakistan are.

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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 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
2 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
3 The word "LIMITED" at the end of a firm's name means
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
4 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
5 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
6 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
7 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
8 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
9 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
10 How many types of organization
A. 5
B. 6
C. 7
D. 8

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