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

One of the following will not be capital.

Question # 2

Members of a public limited company in Pakistan are.

Question # 3

Labour intensive technique of production means.

Question # 4

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

Question # 5

A public limited company is run by

Question # 6

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

Question # 7

One of the following is gift of a nature .

Question # 8

Social stagnation is a big obstacle to.

Question # 9

The supply price of land is considered to be zero because .`

Question # 10

Factors of production are recently termed as.

Question # 11

WAPDA is a

Question # 12

Pakistan population is growing a rate of .

Question # 13

It is most suitable for large scale business

Question # 14

Rice mill is a :

Question # 15

Land is mobile factor of production.

Question # 16

They can expand their business by selling shares in the stock market

Question # 17

Debenture holders recive.

Question # 18

One of the following is fixed capital.

Question # 19

Mobility of labour can be promoted by.

Question # 20

The proportion of rural population in Pakistan is:

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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 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
2 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
3 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
4 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
5 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
6 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
7 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
8 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
9 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
10 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation

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