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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
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The 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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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
The capital laying in the deposits of commercial bank is called.
Question # 2
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 3
The supply price of land is considered to be zero because .`
Question # 4
One of the following is fixed capital.
Question # 5
Members of business partnership in Pakistan are:
Question # 6
Members of a public limited company in Pakistan are.
Question # 7
Land means nature resources which are available.
Question # 8
Joint stock company is manged and run by a
Question # 9
A professor is promoted to be a principle . What type of mobility will it be.
Question # 10
One of the following can be registered in a stock exchange.
Question # 11
To promote capital investment in a country, what is essentially required is.
Question # 12
The proportion of rural population in Pakistan is:
Question # 13
All factors of production are substitutable with each other. it is held by:
Question # 14
WAPDA is a
Question # 15
He prepares the initial plan of the business
Question # 16
The capital which loses it from whenever it is used, is
Question # 17
Land is mobile factor of production.
Question # 18
How many types of organization
Question # 19
They can expand their business by selling shares in the stock market
Question # 20
One of the following is not land.
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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M Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
M M.Attiq-U-Rehman 25 - Nov - 2023 02 Min 45 Sec 18/20 -
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M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
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A Aeman 09 - Apr - 2021 11 Min 12 Sec 16/20 -
R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
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A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Members of a public limited company are elected by. |
A. Directors
B. Government
C. Financial institutions
D. Share holders
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| 2 | It is most suitable for large scale business |
A. proprietorship
B. partnership
C. corporation
D. cooperative society
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| 3 | 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
|
| 4 | One of the following is fixed capital. |
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
|
| 5 | One of the following is not land. |
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
|
| 6 | 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
|
| 7 | An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of |
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
|
| 8 | 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
|
| 9 | All factors of production are substitutable with each other. it is held by: |
A. Wicksteed
B. Hicks
C. Pareto
|
| 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
|
Test Questions