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

Habib Bank limited means that.

Question # 2

How many types of organization

Question # 3

A public limited company is run by

Question # 4

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

Question # 5

Intensive cultivation means.

Question # 6

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

Question # 7

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

Question # 8

The maximum number of parteners in a partnership is .

Question # 9

He prepares the initial plan of the business

Question # 10

Production of wealth means:

Question # 11

A public corporation comes into existence by means

Question # 12

Social stagnation is a big obstacle to.

Question # 13

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

Question # 14

Members of business partnership in Pakistan are:

Question # 15

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

Question # 16

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 17

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

Question # 18

Debenture holders recive.

Question # 19

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

Question # 20

Efficiency of land can be promoted by.

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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 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
2 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
3 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
4 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
5 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
6 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
7 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
8 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
9 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
10 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%

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