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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
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"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 10 Online Test
00:00
Question # 1
Factors of production are recently termed as.
Question # 2
Members of a public limited company in Pakistan are.
Question # 3
A joint stock company has
Question # 4
Habib Bank limited means that.
Question # 5
The maximum number of parteners in a partnership is .
Question # 6
Social stagnation is a big obstacle to.
Question # 7
Labour intensive technique of production means.
Question # 8
Members of a public limited company are elected by.
Question # 9
One of the following is gift of a nature .
Question # 10
Pakistan population is growing a rate of .
Question # 11
One of the following will not be capital.
Question # 12
How many merits of organization in text book
Question # 13
To promote capital investment in a country, what is essentially required is.
Question # 14
Debenture holders recive.
Question # 15
Production of wealth means:
Question # 16
The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
Question # 17
All factors of production are substitutable with each other. it is held by:
Question # 18
Limited liability is one of the advantages of
Question # 19
The word "LIMITED" at the end of a firm's name means
Question # 20
Rice mill is a :
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
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F Farooque Ahmed Soomro 20 - Jan - 2018 02 Min 51 Sec 20/20 -
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ICS Part 1 Economics Chapter 10 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Reward of which factor of production is not pre-determined? |
A. labour
B. land
C. capital
D. organisation
|
| 2 | 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
|
| 3 | It is most suitable for large scale business |
A. proprietorship
B. partnership
C. corporation
D. cooperative society
|
| 4 | Joint stock company is manged and run by a |
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
|
| 5 | Rice mill is a : |
A. Fixed capital
B. Floating capital
C. Sunk capital
D. None of the three
|
| 6 | A public corporation comes into existence by means |
A. registration under the Companies Act
B. Act of parliament
C. decision by the shareholders
D. registration with the Stock Exchange
|
| 7 | 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
|
| 8 | To promote capital investment in a country, what is essentially required is. |
A. Basic infrastructure
B. Bank credit
C. Law and ordered
D. Stock broker
|
| 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 | Production of wealth takes place by: |
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
|
Test Questions
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