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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ICS Part 1 Economics Chapter Wise Test

MCQ's Test For Chapter 10 "Economics Ics Part 1 English Medium Chapter 10 Online Test"

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Economics Ics Part 1 English Medium Chapter 10 Online Test

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Question # 1

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

Question # 2

One of the following will not be capital.

Question # 3

Members of a public limited company in Pakistan are.

Question # 4

How many various form of partnership

Question # 5

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

Question # 6

Efficiency of land can be promoted by.

Question # 7

If a public limited company issues bonds to increase resources, then it pays

Question # 8

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

Question # 9

Social stagnation is a big obstacle to.

Question # 10

Limited liability is one of the advantages of

Question # 11

The proportion of rural population in Pakistan is:

Question # 12

Pakistan population is growing a rate of .

Question # 13

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

Question # 14

Members of a public limited company are elected by.

Question # 15

Mobility of labour can be promoted by.

Question # 16

The maximum number of parteners in a partnership is .

Question # 17

WAPDA is a

Question # 18

Production of wealth means:

Question # 19

Those who invest in joint stock companies are called

Question # 20

Joint stock company is manged and run by a

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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 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
2 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
3 One of the following is gift of a nature .
A. Land
B. Labour
C. Capital
D. Organization
4 Production of wealth takes place by:
A. A combination of output
B. A combination of input
C. Labour only
D. Capital only
5 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
6 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
7 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
8 All factors of production are substitutable with each other. it is held by:
A. Wicksteed
B. Hicks
C. Pareto
9 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10
10 If a public limited company issues bonds to increase resources, then it pays
A. fixed premium to bond holders
B. fixed interest to bond holders
C. fixed tax to bond holders
D. fixed profit to bond holders

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