10th Chapter

ICS Part 1 Economics Chapter 10 MCQs Test

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

Start Chapter 10 Test

First Year Economics Chapter 10 Online MCQ Test for 1st Year Economics Chapter 10 (Organization)

Sr. # Questions Answers Choice
1 Efficiency of land can be promoted by.
  • A. Means of communication
  • B. Fertility of land
  • C. Climate condition
  • D. Quality of other factors
2 The capital laying in the deposits of commercial bank is called.
  • A. Domestic capital
  • B. Real capital
  • C. Foreign capital
  • D. Money capital
3 The word "LIMITED" at the end of a firm's name means
  • A. it produces only commodity
  • B. has limited capital
  • C. cannot have more than 100 members
  • D. shareholders liability to pay debt of firm cannot exceed value of their investment
4 Rice mill is a :
  • A. Fixed capital
  • B. Floating capital
  • C. Sunk capital
  • D. None of the three
5 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
6 The capital which loses it from whenever it is used, is
  • A. Circulating capital
  • B. Fixed capital
  • C. Money capital
  • D. Real capital
7 Limited liability is one of the advantages of
  • A. partnership
  • B. sole proprietor
  • C. joint stock company
  • D. cooperative society
8 Factors of production are recently termed as.
  • A. Output
  • B. Outly
  • C. Input
  • D. None of them
9 Members of a public limited company are elected by.
  • A. Directors
  • B. Government
  • C. Financial institutions
  • D. Share holders
10 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
  • A. Two
  • B. Three
  • C. Four
  • D. Five

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