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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
WAPDA is a
Question # 2
The maximum number of parteners in a partnership is .
Question # 3
It is most suitable for large scale business
Question # 4
Those who invest in joint stock companies are called
Question # 5
They can expand their business by selling shares in the stock market
Question # 6
Joint stock company is manged and run by a
Question # 7
A public limited company is run by
Question # 8
If a public limited company issues bonds to increase resources, then it pays
Question # 9
Members of a public limited company are elected by.
Question # 10
Labour intensive technique of production means.
Question # 11
How many merits of organization in text book
Question # 12
Members of a public limited company in Pakistan are.
Question # 13
Production of wealth means:
Question # 14
A public corporation comes into existence by means
Question # 15
Limited liability is one of the advantages of
Question # 16
To promote capital investment in a country, what is essentially required is.
Question # 17
The capital laying in the deposits of commercial bank is called.
Question # 18
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 19
One of the following will not be capital.
Question # 20
Reward of which factor of production is not pre-determined?
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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M Maida 26 - May - 2018 01 Min 25 Sec 20/20 -
M Muhammad Bilal 09 - Jan - 2018 02 Min 25 Sec 20/20 -
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 -
S shrushti 22 - Feb - 2021 01 Min 44 Sec 17/20 -
M Maheen 20 - Feb - 2021 02 Min 53 Sec 17/20 -
B Bushra Rahman 16 - Dec - 2021 03 Min 24 Sec 17/20 -
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Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
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R romana 20 - Feb - 2021 18 Min 25 Sec 15/20 -
H hanif 21 - Jan - 2018 02 Min 23 Sec 14/20 -
A Adil 04 - Jan - 2018 04 Min 03 Sec 14/20 -
R Rajesh 28 - Aug - 2018 04 Min 12 Sec 14/20
ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Factors of production are recently termed as. |
A. Output
B. Outly
C. Input
D. None of them
|
| 2 | All factors of production are substitutable with each other. it is held by: |
A. Wicksteed
B. Hicks
C. Pareto
|
| 3 | 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
|
| 4 | Production of wealth means: |
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
|
| 5 | How many merits of organization in text book |
A. 7
B. 8
C. 9
D. 10
|
| 6 | A public limited company is run by |
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
|
| 7 | How many types of organization |
A. 5
B. 6
C. 7
D. 8
|
| 8 | The proportion of rural population in Pakistan is: |
A. 68%
B. 70%
C. 72%
D. 74%
|
| 9 | 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
|
| 10 | Members of business partnership in Pakistan are: |
A. 2 to 20
B. 5 to 20
C. 2 to 25
D. 2 to 3
|
Test Questions