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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
Land is mobile factor of production.
Question # 3
A labourer resigns from service to start his own business. what type of mobility will it be.
Question # 4
One of the following will not be capital.
Question # 5
Joint stock company is manged and run by a
Question # 6
A joint stock company has
Question # 7
A public corporation comes into existence by means
Question # 8
Intensive cultivation means.
Question # 9
Factors of production are recently termed as.
Question # 10
Limited liability is one of the advantages of
Question # 11
The word "LIMITED" at the end of a firm's name means
Question # 12
How many various form of partnership
Question # 13
Habib Bank limited means that.
Question # 14
They can expand their business by selling shares in the stock market
Question # 15
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 16
Members of business partnership in Pakistan are:
Question # 17
Mobility of labour can be promoted by.
Question # 18
It is most suitable for large scale business
Question # 19
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 20
One of the following is fixed capital.
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 -
M Malaika 29 - Jan - 2021 03 Min 45 Sec 16/20 -
Y yashfa butt 01 - Jun - 2023 04 Min 49 Sec 16/20 -
A Aeman 09 - Apr - 2021 11 Min 12 Sec 16/20 -
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 | 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
|
| 2 | How many types of organization |
A. 5
B. 6
C. 7
D. 8
|
| 3 | 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
|
| 4 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
| 5 | All factors of production are substitutable with each other. it is held by: |
A. Wicksteed
B. Hicks
C. Pareto
|
| 6 | 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
|
| 7 | 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
|
| 8 | One of the following is gift of a nature . |
A. Land
B. Labour
C. Capital
D. Organization
|
| 9 | One of the following will not be capital. |
A. Mchinery
B. Means of communication
C. Water falls
D. Means of transportation
|
| 10 | It is most suitable for large scale business |
A. proprietorship
B. partnership
C. corporation
D. cooperative society
|
Test Questions
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