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 is fixed capital.

Question # 2

How many types of organization

Question # 3

Limited liability is one of the advantages of

Question # 4

Land means nature resources which are available.

Question # 5

Members of business partnership in Pakistan are:

Question # 6

How many merits of organization in text book

Question # 7

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

Question # 8

He prepares the initial plan of the business

Question # 9

Production of wealth takes place by:

Question # 10

One of the following will not be capital.

Question # 11

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

Question # 12

Pakistan population is growing a rate of .

Question # 13

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

Question # 14

Mobility of labour can be promoted by.

Question # 15

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

Question # 16

Land is mobile factor of production.

Question # 17

How many various form of partnership

Question # 18

Intensive cultivation means.

Question # 19

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

Question # 20

Social stagnation is a big obstacle to.

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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 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
2 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
3 One of the following will not be capital.
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
4 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
5 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
6 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
7 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
8 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
9 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
10 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates

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