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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
The supply price of land is considered to be zero because .`
Question # 2
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 3
One of the following can be registered in a stock exchange.
Question # 4
Factors of production are recently termed as.
Question # 5
One of the following is gift of a nature .
Question # 6
The capital laying in the deposits of commercial bank is called.
Question # 7
A professor is promoted to be a principle . What type of mobility will it be.
Question # 8
The capital which loses it from whenever it is used, is
Question # 9
Habib Bank limited means that.
Question # 10
It is most suitable for large scale business
Question # 11
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 12
Rice mill is a :
Question # 13
Debenture holders recive.
Question # 14
Members of a public limited company in Pakistan are.
Question # 15
Production of wealth takes place by:
Question # 16
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 17
A joint stock company has
Question # 18
They can expand their business by selling shares in the stock market
Question # 19
It is an example of public limited company
Question # 20
A public corporation comes into existence by means
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 | A person who contributes funds in partnership but does not take active part in management of business is called |
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner
|
| 2 | How many various form of partnership |
A. 3
B. 4
C. 5
D. 6
|
| 3 | Factors of production are recently termed as. |
A. Output
B. Outly
C. Input
D. None of them
|
| 4 | Land means nature resources which are available. |
A. On the soil
B. Above the soil
C. Below the soil
D. All the above
|
| 5 | One of the following is fixed capital. |
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
|
| 6 | A public limited company is run by |
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
|
| 7 | Those who invest in joint stock companies are called |
A. partners
B. shareholders
C. members
D. associates
|
| 8 | Members of a public limited company in Pakistan are. |
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5
|
| 9 | The supply price of land is considered to be zero because .` |
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
|
| 10 | A joint stock company has |
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
|
Test Questions
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