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

Labour intensive technique of production means.

Question # 2

How many merits of organization in text book

Question # 3

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

Question # 4

He prepares the initial plan of the business

Question # 5

Land means nature resources which are available.

Question # 6

Land is mobile factor of production.

Question # 7

The proportion of rural population in Pakistan is:

Question # 8

The capital which loses it from whenever it is used, is

Question # 9

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

Question # 10

Members of a public limited company are elected by.

Question # 11

A public limited company is run by

Question # 12

One of the following can be registered in a stock exchange.

Question # 13

One of the following is fixed capital.

Question # 14

Social stagnation is a big obstacle to.

Question # 15

A public corporation comes into existence by means

Question # 16

Debenture holders recive.

Question # 17

The maximum number of parteners in a partnership is .

Question # 18

Mobility of labour can be promoted by.

Question # 19

Joint stock company is manged and run by a

Question # 20

Limited liability is one of the advantages of

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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 To promote capital investment in a country, what is essentially required is.
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
2 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
3 The proportion of rural population in Pakistan is:
A. 68%
B. 70%
C. 72%
D. 74%
4 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
5 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
6 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
7 Members of a public limited company are elected by.
A. Directors
B. Government
C. Financial institutions
D. Share holders
8 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
9 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
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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