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

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Question # 1

A professor is promoted to be a principle . What type of mobility will it be.

Question # 2

Members of a public limited company in Pakistan are.

Question # 3

Members of business partnership in Pakistan are:

Question # 4

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

Question # 5

One of the following is fixed capital.

Question # 6

Land is mobile factor of production.

Question # 7

Debenture holders recive.

Question # 8

One of the following can be registered in a stock exchange.

Question # 9

Social stagnation is a big obstacle to.

Question # 10

Land means nature resources which are available.

Question # 11

How many merits of organization in text book

Question # 12

A public corporation comes into existence by means

Question # 13

Members of a public limited company are elected by.

Question # 14

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

Question # 15

One of the following is gift of a nature .

Question # 16

One of the following is not land.

Question # 17

It is an example of public limited company

Question # 18

Intensive cultivation means.

Question # 19

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

Question # 20

Mobility of labour can be promoted by.

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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 WAPDA is a
A. public corporation
B. public company
C. private company
D. partnership
2 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
3 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
4 Debenture holders recive.
A. Interest
B. Wages
C. Dividend
D. Profit
5 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
6 Intensive cultivation means.
A. Extending land for cultivation
B. Use of more input at the same land
C. More input and more land to be used`
D. More land and less labour to be used
7 The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
A. Two
B. Three
C. Four
D. Five
8 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
9 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
10 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto

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