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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

Those who invest in joint stock companies are called

Question # 2

One of the following is fixed capital.

Question # 3

He prepares the initial plan of the business

Question # 4

It is an example of public limited company

Question # 5

The supply price of land is considered to be zero because .`

Question # 6

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

Question # 7

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

Question # 8

Joint stock company is manged and run by a

Question # 9

Production of wealth means:

Question # 10

It is most suitable for large scale business

Question # 11

A public limited company is run by

Question # 12

Land is mobile factor of production.

Question # 13

Members of a public limited company are elected by.

Question # 14

One of the following is gift of a nature .

Question # 15

Land means nature resources which are available.

Question # 16

All factors of production are substitutable with each other. it is held by:

Question # 17

Social stagnation is a big obstacle to.

Question # 18

Efficiency of land can be promoted by.

Question # 19

Mobility of labour can be promoted by.

Question # 20

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

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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 They can expand their business by selling shares in the stock market
A. proprietor of a business
B. partners of the business
C. joint stock company
D. industrial cooperative societies
2 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
3 Social stagnation is a big obstacle to.
A. Mobility of labour
B. Division OF labour
C. Efficiency o labour
D. All the above
4 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
5 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
6 The maximum number of parteners in a partnership is .
A. 20
B. 30
C. 15
D. 18
7 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
8 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
9 One of the following can be registered in a stock exchange.
A. Business under partnership
B. Cooperative society
C. Join stock company
D. Sole proprietorship
10 A person who contributes funds in partnership but does not take active part in management of business is called
A. sleeping partner
B. helping partner
C. temporary partner
D. inactive partner

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