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

Joint stock company is manged and run by a

Question # 2

The proportion of rural population in Pakistan is:

Question # 3

A joint stock company has

Question # 4

How many types of organization

Question # 5

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

Question # 6

Production of wealth means:

Question # 7

One of the following is fixed capital.

Question # 8

Limited liability is one of the advantages of

Question # 9

It is an example of public limited company

Question # 10

One of the following will not be capital.

Question # 11

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

Question # 12

How many merits of organization in text book

Question # 13

Factors of production are recently termed as.

Question # 14

Mobility of labour can be promoted by.

Question # 15

Pakistan population is growing a rate of .

Question # 16

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

Question # 17

Members of a public limited company are elected by.

Question # 18

One of the following is not land.

Question # 19

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

Question # 20

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

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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 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
2 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
3 Labour intensive technique of production means.
A. More labour and less capital
B. Less labour and more capital
C. More labour and no land
D. More land and no labour
4 How many types of organization
A. 5
B. 6
C. 7
D. 8
5 Members of business partnership in Pakistan are:
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
6 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
7 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
8 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
9 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
10 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river

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