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

Labour intensive technique of production means.

Question # 2

One of the following can be registered in a stock exchange.

Question # 3

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

Question # 4

How many merits of organization in text book

Question # 5

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

Question # 6

WAPDA is a

Question # 7

Efficiency of land can be promoted by.

Question # 8

Members of a public limited company in Pakistan are.

Question # 9

Land means nature resources which are available.

Question # 10

Social stagnation is a big obstacle to.

Question # 11

Limited liability is one of the advantages of

Question # 12

Habib Bank limited means that.

Question # 13

Rice mill is a :

Question # 14

It is an example of public limited company

Question # 15

The maximum number of parteners in a partnership is .

Question # 16

Intensive cultivation means.

Question # 17

Joint stock company is manged and run by a

Question # 18

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

Question # 19

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

Question # 20

A public corporation comes into existence by 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 Factors of production are recently termed as.
A. Output
B. Outly
C. Input
D. None of them
2 One of the following can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
3 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
4 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
5 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
6 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
7 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
8 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
9 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
10 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10

Test Questions