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

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

Question # 2

The maximum number of parteners in a partnership is .

Question # 3

Labour intensive technique of production means.

Question # 4

Members of business partnership in Pakistan are:

Question # 5

How many types of organization

Question # 6

Production of wealth takes place by:

Question # 7

Pakistan population is growing a rate of .

Question # 8

Members of a public limited company in Pakistan are.

Question # 9

WAPDA is a

Question # 10

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

Question # 11

Factors of production are recently termed as.

Question # 12

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

Question # 13

A public corporation comes into existence by means

Question # 14

Efficiency of land can be promoted by.

Question # 15

Rice mill is a :

Question # 16

Members of a public limited company are elected by.

Question # 17

Mobility of labour can be promoted by.

Question # 18

It is most suitable for large scale business

Question # 19

Habib Bank limited means that.

Question # 20

Production of wealth means:

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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 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
2 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
3 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
4 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
5 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
6 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
7 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
8 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
9 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
10 How many various form of partnership
A. 3
B. 4
C. 5
D. 6

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