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

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

Question # 2

How many types of organization

Question # 3

Limited liability is one of the advantages of

Question # 4

They can expand their business by selling shares in the stock market

Question # 5

One of the following is gift of a nature .

Question # 6

One of the following will not be capital.

Question # 7

Production of wealth takes place by:

Question # 8

Mobility of labour can be promoted by.

Question # 9

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

Question # 10

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

Question # 11

A joint stock company has

Question # 12

Rice mill is a :

Question # 13

Debenture holders recive.

Question # 14

It is most suitable for large scale business

Question # 15

Intensive cultivation means.

Question # 16

How many merits of organization in text book

Question # 17

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

Question # 18

Pakistan population is growing a rate of .

Question # 19

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

Question # 20

A public limited company is run by

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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 A professor is promoted to be a principle . What type of mobility will it be.
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
2 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
3 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
4 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
5 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
6 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
7 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
8 How many types of organization
A. 5
B. 6
C. 7
D. 8
9 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
10 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these

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