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

Members of business partnership in Pakistan are:

Question # 2

Intensive cultivation means.

Question # 3

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

Question # 4

Those who invest in joint stock companies are called

Question # 5

A public corporation comes into existence by means

Question # 6

Production of wealth takes place by:

Question # 7

Land is mobile factor of production.

Question # 8

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

Question # 9

How many types of organization

Question # 10

The proportion of rural population in Pakistan is:

Question # 11

Rice mill is a :

Question # 12

The maximum number of parteners in a partnership is .

Question # 13

One of the following is not land.

Question # 14

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

Question # 15

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

Question # 16

A public limited company is run by

Question # 17

A joint stock company has

Question # 18

Labour intensive technique of production means.

Question # 19

Joint stock company is manged and run by a

Question # 20

One of the following is fixed capital.

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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 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
2 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
3 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
4 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
5 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
6 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
7 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
8 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
9 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
10 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

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