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

  • Time Allowed30

Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

A public limited company is run by

Question # 2

Social stagnation is a big obstacle to.

Question # 3

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

Question # 4

Debenture holders recive.

Question # 5

WAPDA is a

Question # 6

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

Question # 7

The proportion of rural population in Pakistan is:

Question # 8

A public corporation comes into existence by means

Question # 9

It is an example of public limited company

Question # 10

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

Question # 11

The maximum number of parteners in a partnership is .

Question # 12

Rice mill is a :

Question # 13

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

Question # 14

A labourer resigns from service to start his own business. what type of mobility will it be.

Question # 15

Members of a public limited company in Pakistan are.

Question # 16

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

Question # 17

One of the following is not land.

Question # 18

How many merits of organization in text book

Question # 19

Those who invest in joint stock companies are called

Question # 20

Members of business partnership in Pakistan are:

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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 One of the following is not land.
A. Sui gas
B. Electric power
C. Atlantic Ocean`
D. A river
2 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
3 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
4 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
5 How many various form of partnership
A. 3
B. 4
C. 5
D. 6
6 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
7 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
8 Reward of which factor of production is not pre-determined?
A. labour
B. land
C. capital
D. organisation
9 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
A. Prof. Knight
B. Prof. Marshall
C. Prof. Robbins
D. Prof. Knees
10 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto

Test Questions

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