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

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

Question # 2

Habib Bank limited means that.

Question # 3

One of the following is not land.

Question # 4

One of the following will not be capital.

Question # 5

Social stagnation is a big obstacle to.

Question # 6

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

Question # 7

A joint stock company has

Question # 8

He prepares the initial plan of the business

Question # 9

Pakistan population is growing a rate of .

Question # 10

They can expand their business by selling shares in the stock market

Question # 11

To promote capital investment in a country, what is essentially required is.

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

Land means nature resources which are available.

Question # 16

The proportion of rural population in Pakistan is:

Question # 17

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

Question # 18

Mobility of labour can be promoted by.

Question # 19

Production of wealth takes place by:

Question # 20

Intensive cultivation 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 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
2 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
3 A professor is promoted to be a principle . What type of mobility will it be.
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
4 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
5 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
6 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
7 Intensive cultivation means.
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
8 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
9 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
10 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation

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