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

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

Question # 2

One of the following is fixed capital.

Question # 3

Rice mill is a :

Question # 4

A joint stock company has

Question # 5

Production of wealth means:

Question # 6

Labour intensive technique of production means.

Question # 7

Mobility of labour can be promoted by.

Question # 8

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

Question # 9

Members of a public limited company are elected by.

Question # 10

He prepares the initial plan of the business

Question # 11

Production of wealth takes place by:

Question # 12

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

Question # 13

Pakistan population is growing a rate of .

Question # 14

Intensive cultivation means.

Question # 15

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

Question # 16

How many types of organization

Question # 17

Members of a public limited company in Pakistan are.

Question # 18

Land is mobile factor of production.

Question # 19

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

Question # 20

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

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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 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
2 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
3 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
4 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
5 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
6 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
7 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
8 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
9 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
10 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

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