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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
It is an example of public limited company
Question # 2
Efficiency of land can be promoted by.
Question # 3
Rice mill is a :
Question # 4
The maximum number of parteners in a partnership is .
Question # 5
Reward of which factor of production is not pre-determined?
Question # 6
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 7
Labour intensive technique of production means.
Question # 8
One of the following is not land.
Question # 9
Members of business partnership in Pakistan are:
Question # 10
The supply price of land is considered to be zero because .`
Question # 11
The proportion of rural population in Pakistan is:
Question # 12
Intensive cultivation means.
Question # 13
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 14
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 15
One of the following is fixed capital.
Question # 16
A public limited company is run by
Question # 17
A joint stock company has
Question # 18
Limited liability is one of the advantages of
Question # 19
Joint stock company is manged and run by a
Question # 20
Members of a public limited company in Pakistan are.
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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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 -
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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 public corporation comes into existence by means |
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
|
| 2 | Habib Bank limited means that. |
A. Its capital is limited
B. It shareholders are limited
C. The liability of each shareholders is limited
D. Non of the three
|
| 3 | Production of wealth means: |
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
|
| 4 | Efficiency of land can be promoted by. |
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
|
| 5 | One of the following is fixed capital. |
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
|
| 6 | WAPDA is a |
A. public corporation
B. public company
C. private company
D. partnership
|
| 7 | Debenture holders recive. |
A. Interest
B. Wages
C. Dividend
D. Profit
|
| 8 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
| 9 | 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
|
| 10 | A professor is promoted to be a principle . What type of mobility will it be. |
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
|
Test Questions
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