10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

Start Chapter 10 Test

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
1 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
2 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
3 Factors of production are recently termed as.
  • A. Output
  • B. Outly
  • C. Input
  • D. None of them
4 Rice mill is a :
  • A. Fixed capital
  • B. Floating capital
  • C. Sunk capital
  • D. None of the three
5 How many merits of organization in text book
  • A. 7
  • B. 8
  • C. 9
  • D. 10
6 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
7 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
8 The proportion of rural population in Pakistan is:
  • A. 68%
  • B. 70%
  • C. 72%
  • D. 74%
9 Production of wealth takes place by:
  • A. A combination of output
  • B. A combination of input
  • C. Labour only
  • D. Capital only
10 Land is mobile factor of production.
  • A. Not mobile
  • B. Mobile by the transfer ownership
  • C. Geographically mobile
  • D. Mobile vertically

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