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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

One of the following is not land.

Question # 2

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

Question # 3

It is an example of public limited company

Question # 4

Production of wealth takes place by:

Question # 5

It is most suitable for large scale business

Question # 6

Mobility of labour can be promoted by.

Question # 7

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

Question # 8

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

Question # 9

Labour intensive technique of production means.

Question # 10

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

Question # 11

If a public limited company issues bonds to increase resources, then it pays

Question # 12

The proportion of rural population in Pakistan is:

Question # 13

Efficiency of land can be promoted by.

Question # 14

Debenture holders recive.

Question # 15

Land means nature resources which are available.

Question # 16

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

Question # 17

Those who invest in joint stock companies are called

Question # 18

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

Question # 19

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

Question # 20

Joint stock company is manged and run by a

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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 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
2 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
3 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
4 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
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 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
7 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
8 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
9 How many types of organization
A. 5
B. 6
C. 7
D. 8
10 The supply price of land is considered to be zero because .`
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited

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