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

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Question # 1

Rice mill is a :

Question # 2

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

Question # 3

Efficiency of land can be promoted by.

Question # 4

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

Question # 5

How many merits of organization in text book

Question # 6

One of the following is not land.

Question # 7

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

Question # 8

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

Question # 9

A joint stock company has

Question # 10

The maximum number of parteners in a partnership is .

Question # 11

Production of wealth takes place by:

Question # 12

Intensive cultivation means.

Question # 13

Mobility of labour can be promoted by.

Question # 14

It is most suitable for large scale business

Question # 15

Social stagnation is a big obstacle to.

Question # 16

One of the following is fixed capital.

Question # 17

Habib Bank limited means that.

Question # 18

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

Question # 19

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

Question # 20

Those who invest in joint stock companies are called

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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 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
2 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
3 How many types of organization
A. 5
B. 6
C. 7
D. 8
4 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
5 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
6 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
7 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
8 The word "LIMITED" at the end of a firm's name means
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
9 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
10 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders

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