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

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

Question # 2

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

Question # 3

Land means nature resources which are available.

Question # 4

A public limited company is run by

Question # 5

Labour intensive technique of production means.

Question # 6

Limited liability is one of the advantages of

Question # 7

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

Question # 8

Land is mobile factor of production.

Question # 9

Joint stock company is manged and run by a

Question # 10

How many merits of organization in text book

Question # 11

It is an example of public limited company

Question # 12

Social stagnation is a big obstacle to.

Question # 13

He prepares the initial plan of the business

Question # 14

It is most suitable for large scale business

Question # 15

The proportion of rural population in Pakistan is:

Question # 16

Pakistan population is growing a rate of .

Question # 17

One of the following is gift of a nature .

Question # 18

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

Question # 19

Members of a public limited company are elected 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 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
2 Habib Bank limited means that.
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
3 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
4 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
5 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
6 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
7 A public corporation comes into existence by means
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
8 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
9 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
10 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit

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