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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
MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"
Try The 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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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
Production of wealth means:
Question # 2
The supply price of land is considered to be zero because .`
Question # 3
The capital which loses it from whenever it is used, is
Question # 4
Members of a public limited company in Pakistan are.
Question # 5
One of the following is gift of a nature .
Question # 6
How many merits of organization in text book
Question # 7
Mobility of labour can be promoted by.
Question # 8
Rice mill is a :
Question # 9
Limited liability is one of the advantages of
Question # 10
Labour intensive technique of production means.
Question # 11
To promote capital investment in a country, what is essentially required is.
Question # 12
The maximum number of parteners in a partnership is .
Question # 13
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 14
The word "LIMITED" at the end of a firm's name means
Question # 15
How many various form of partnership
Question # 16
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 17
How many types of organization
Question # 18
Factors of production are recently termed as.
Question # 19
It is most suitable for large scale business
Question # 20
Efficiency of land can be promoted by.
ICS Part 1 Economics Chapter 10 MCQs Test
Top Scorers Of Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQ`s Test
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M Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
H Humaira 26 - Jan - 2018 02 Min 28 Sec 19/20 -
M M.Attiq-U-Rehman 25 - Nov - 2023 02 Min 45 Sec 18/20 -
S shrushti 22 - Feb - 2021 01 Min 44 Sec 17/20 -
M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
M Malaika 29 - Jan - 2021 03 Min 45 Sec 16/20 -
Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
A Aeman 09 - Apr - 2021 11 Min 12 Sec 16/20 -
R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
H hanif 21 - Jan - 2018 02 Min 23 Sec 14/20 -
A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The capital which loses it from whenever it is used, is |
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
|
| 2 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
| 3 | Land means nature resources which are available. |
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
|
| 4 | 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
|
| 5 | How many various form of partnership |
A. 3
B. 4
C. 5
D. 6
|
| 6 | Intensive cultivation means. |
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
|
| 7 | Members of business partnership in Pakistan are: |
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
|
| 8 | All factors of production are substitutable with each other. it is held by: |
A. Wicksteed
B. Hicks
C. Pareto
|
| 9 | 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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| 10 | Limited liability is one of the advantages of |
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
|
Test Questions