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

Start Chapter 10 Test

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"

  • Total Questions20

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

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

Question # 2

Production of wealth takes place by:

Question # 3

How many types of organization

Question # 4

Members of a public limited company in Pakistan are.

Question # 5

The proportion of rural population in Pakistan is:

Question # 6

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

Question # 7

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

Question # 8

Land means nature resources which are available.

Question # 9

Limited liability is one of the advantages of

Question # 10

Land is mobile factor of production.

Question # 11

Mobility of labour can be promoted by.

Question # 12

It is most suitable for large scale business

Question # 13

Joint stock company is manged and run by a

Question # 14

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

Question # 15

Pakistan population is growing a rate of .

Question # 16

The capital laying in the deposits of commercial bank is called.

Question # 17

Production of wealth means:

Question # 18

Members of business partnership in Pakistan are:

Question # 19

A public limited company is run by

Question # 20

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

Prepare Complete Set Wise Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test" MCQs Online With Answers


Topic Test

00:00
10th Chapter

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

  • 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 The word "LIMITED" at the end of a firm's name means
A. it produces only commodity
B. has limited capital
C. cannot have more than 100 members
D. shareholders liability to pay debt of firm cannot exceed value of their investment
2 Land is mobile factor of production.
A. Not mobile
B. Mobile by the transfer ownership
C. Geographically mobile
D. Mobile vertically
3 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
4 It is most suitable for large scale business
A. proprietorship
B. partnership
C. corporation
D. cooperative society
5 Members of a public limited company in Pakistan are.
A. 5 to 50
B. 10 to 100
C. 7 to any number
D. only 5
6 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
7 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
8 A labourer resigns from service to start his own business. what type of mobility will it be.
A. Vertical mobilty
B. Occupational mobility
C. Horizontal mobility
D. Social mobility
9 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
10 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit

Test Questions

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!