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

Pakistan population is growing a rate of .

Question # 2

Factors of production are recently termed as.

Question # 3

A public limited company is run by

Question # 4

Production of wealth takes place by:

Question # 5

He prepares the initial plan of the business

Question # 6

Members of a public limited company are elected by.

Question # 7

Land is mobile factor of production.

Question # 8

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

Question # 9

How many merits of organization in text book

Question # 10

Those who invest in joint stock companies are called

Question # 11

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

Question # 12

Members of business partnership in Pakistan are:

Question # 13

The proportion of rural population in Pakistan is:

Question # 14

Members of a public limited company in Pakistan are.

Question # 15

Land means nature resources which are available.

Question # 16

How many types of organization

Question # 17

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

Question # 18

Production of wealth means:

Question # 19

Mobility of labour can be promoted by.

Question # 20

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

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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 fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
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 Rice mill is a :
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
4 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
5 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
6 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
7 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
8 Production of wealth means:
A. Driving a taxi
B. Teaching a daughter
C. A doctor serving his wife
D. All the three
9 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
10 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above

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