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

Members of a public limited company are elected by.

Question # 2

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

Question # 3

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

Question # 4

One of the following is fixed capital.

Question # 5

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

Question # 6

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

Question # 7

All factors of production are substitutable with each other. it is held by:

Question # 8

Efficiency of land can be promoted by.

Question # 9

Labour intensive technique of production means.

Question # 10

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

Question # 11

WAPDA is a

Question # 12

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

Question # 13

Members of a public limited company in Pakistan are.

Question # 14

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

Question # 15

He prepares the initial plan of the business

Question # 16

Habib Bank limited means that.

Question # 17

How many merits of organization in text book

Question # 18

Joint stock company is manged and run by a

Question # 19

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

Question # 20

Debenture holders recive.

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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 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
2 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
3 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
4 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
5 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
6 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
7 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
8 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
9 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
10 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital

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