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 gift of a nature .

Question # 2

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

Question # 3

Members of a public limited company in Pakistan are.

Question # 4

Land means nature resources which are available.

Question # 5

Efficiency of land can be promoted by.

Question # 6

Those who invest in joint stock companies are called

Question # 7

The proportion of rural population in Pakistan is:

Question # 8

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

Question # 9

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

Question # 10

How many merits of organization in text book

Question # 11

Labour intensive technique of production means.

Question # 12

Factors of production are recently termed as.

Question # 13

Mobility of labour can be promoted by.

Question # 14

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

Question # 15

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

Question # 16

Social stagnation is a big obstacle to.

Question # 17

How many various form of partnership

Question # 18

He prepares the initial plan of the business

Question # 19

Production of wealth means:

Question # 20

One of the following is fixed capital.

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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 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
2 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
3 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
4 Mobility of labour can be promoted by.
A. Health
B. Better rewards
C. Immigration
D. Information media
5 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
6 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
7 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
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 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
10 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital

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