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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
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of
Question # 2
One of the following is not land.
Question # 3
Those who invest in joint stock companies are called
Question # 4
One of the following can be registered in a stock exchange.
Question # 5
Limited liability is one of the advantages of
Question # 6
It is most suitable for large scale business
Question # 7
Mobility of labour can be promoted by.
Question # 8
How many various form of partnership
Question # 9
If a public limited company issues bonds to increase resources, then it pays
Question # 10
Joint stock company is manged and run by a
Question # 11
All factors of production are substitutable with each other. it is held by:
Question # 12
Reward of which factor of production is not pre-determined?
Question # 13
Labour intensive technique of production means.
Question # 14
Debenture holders recive.
Question # 15
A professor is promoted to be a principle . What type of mobility will it be.
Question # 16
It is an example of public limited company
Question # 17
How many types of organization
Question # 18
A person who contributes funds in partnership but does not take active part in management of business is called
Question # 19
How many merits of organization in text book
Question # 20
The supply price of land is considered to be zero because .`
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 | Efficiency of land can be promoted by. |
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
|
| 2 | How many merits of organization in text book |
A. 7
B. 8
C. 9
D. 10
|
| 3 | It is most suitable for large scale business |
A. proprietorship
B. partnership
C. corporation
D. cooperative society
|
| 4 | A joint stock company has |
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
|
| 5 | Mobility of labour can be promoted by. |
A. Health
B. Better rewards
C. Immigration
D. Information media
|
| 6 | The maximum number of parteners in a partnership is . |
A. 20
B. 30
C. 15
D. 18
|
| 7 | Joint stock company is manged and run by a |
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
|
| 8 | The submit the plan to the Registrar of Joint Stock Companies along with ______ documents |
A. Two
B. Three
C. Four
D. Five
|
| 9 | The capital which loses it from whenever it is used, is |
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
|
| 10 | How many various form of partnership |
A. 3
B. 4
C. 5
D. 6
|
Test Questions