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

How many various form of partnership

Question # 2

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

Question # 3

Habib Bank limited means that.

Question # 4

Land is mobile factor of production.

Question # 5

The maximum number of parteners in a partnership is .

Question # 6

It is an example of public limited company

Question # 7

Members of a public limited company are elected by.

Question # 8

Production of wealth takes place by:

Question # 9

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

Question # 10

Rice mill is a :

Question # 11

Intensive cultivation means.

Question # 12

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

Question # 13

One of the following is gift of a nature .

Question # 14

How many types of organization

Question # 15

Those who invest in joint stock companies are called

Question # 16

A public limited company is run by

Question # 17

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

Question # 18

Production of wealth means:

Question # 19

Limited liability is one of the advantages of

Question # 20

Pakistan population is growing a rate of .

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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 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 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
3 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
4 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
5 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
6 Labour intensive technique of production means.
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
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 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
9 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
10 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

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