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

Members of business partnership in Pakistan are:

Question # 2

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

Question # 3

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

Question # 4

One of the following is not land.

Question # 5

Mobility of labour can be promoted by.

Question # 6

Intensive cultivation means.

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

Social stagnation is a big obstacle to.

Question # 11

Members of a public limited company are elected by.

Question # 12

Factors of production are recently termed as.

Question # 13

The maximum number of parteners in a partnership is .

Question # 14

Land is mobile factor of production.

Question # 15

The proportion of rural population in Pakistan is:

Question # 16

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

Question # 17

One of the following is fixed capital.

Question # 18

It is most suitable for large scale business

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 will not be capital.

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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 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
2 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
3 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
4 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
5 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
6 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
7 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
8 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
9 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
10 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above

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