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

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Question # 1

How many types of organization

Question # 2

The maximum number of parteners in a partnership is .

Question # 3

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

Question # 4

It is most suitable for large scale business

Question # 5

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

Question # 6

Efficiency of land can be promoted by.

Question # 7

If a public limited company issues bonds to increase resources, then it pays

Question # 8

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

Question # 9

Land is mobile factor of production.

Question # 10

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

Question # 11

How many merits of organization in text book

Question # 12

A professor is promoted to be a principle . What type of mobility will it be.

Question # 13

Those who invest in joint stock companies are called

Question # 14

A public corporation comes into existence by means

Question # 15

Factors of production are recently termed as.

Question # 16

One of the following is not land.

Question # 17

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 18

To promote capital investment in a country, what is essentially required is.

Question # 19

Limited liability is one of the advantages of

Question # 20

Members of a public limited company in Pakistan are.

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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 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
2 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
3 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
4 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders
5 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
6 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
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 Pakistan population is growing a rate of .
A. 2 % per annum
B. 1. 8 % per annum
C. 2.9 % per annum
D. 2.2 % per annum
9 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
10 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies

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