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 word "LIMITED" at the end of a firm's name means

Question # 2

The capital laying in the deposits of commercial bank is called.

Question # 3

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

Question # 4

It is most suitable for large scale business

Question # 5

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

Question # 6

Intensive cultivation means.

Question # 7

One of the following is fixed capital.

Question # 8

Factors of production are recently termed as.

Question # 9

Social stagnation is a big obstacle to.

Question # 10

How many merits of organization in text book

Question # 11

WAPDA is a

Question # 12

Joint stock company is manged and run by a

Question # 13

He prepares the initial plan of the business

Question # 14

The proportion of rural population in Pakistan is:

Question # 15

Limited liability is one of the advantages of

Question # 16

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

Question # 17

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

Question # 18

One of the following is not land.

Question # 19

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

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 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
2 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
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 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
5 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
6 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
7 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
8 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
9 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
10 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media

Test Questions