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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ICS Part 1 Economics Chapter Wise Test

MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

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Economics Ics Part 1 English Medium Chapter 10 Online Test

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Question # 1

Joint stock company is manged and run by a

Question # 2

Members of a public limited company in Pakistan are.

Question # 3

Labour intensive technique of production means.

Question # 4

Pakistan population is growing a rate of .

Question # 5

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

Question # 6

How many types of organization

Question # 7

Rice mill is a :

Question # 8

Land means nature resources which are available.

Question # 9

A joint stock company has

Question # 10

One of the following will not be capital.

Question # 11

It is most suitable for large scale business

Question # 12

Members of business partnership in Pakistan are:

Question # 13

Social stagnation is a big obstacle to.

Question # 14

Mobility of labour can be promoted by.

Question # 15

He prepares the initial plan of the business

Question # 16

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

Question # 17

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

Question # 18

The maximum number of parteners in a partnership is .

Question # 19

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

Question # 20

Members of a public limited company are elected by.

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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 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
2 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
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 will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
5 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders
6 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
7 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
8 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
9 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
10 One of the following can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship

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