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

The maximum number of parteners in a partnership is .

Question # 2

Labour intensive technique of production means.

Question # 3

How many merits of organization in text book

Question # 4

Social stagnation is a big obstacle to.

Question # 5

Joint stock company is manged and run by a

Question # 6

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

Question # 7

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

Question # 8

One of the following is fixed capital.

Question # 9

Production of wealth means:

Question # 10

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

Question # 11

Land means nature resources which are available.

Question # 12

Those who invest in joint stock companies are called

Question # 13

Limited liability is one of the advantages of

Question # 14

To promote capital investment in a country, what is essentially required is.

Question # 15

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

Question # 16

The proportion of rural population in Pakistan is:

Question # 17

It is an example of public limited company

Question # 18

One of the following is not land.

Question # 19

How many types of organization

Question # 20

Factors of production are recently termed as.

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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 The capital which loses it from whenever it is used, is
A. Circulating capital
B. Fixed capital
C. Money capital
D. Real capital
2 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
3 Efficiency of land can be promoted by.
A. Means of communication
B. Fertility of land
C. Climate condition
D. Quality of other factors
4 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
5 The supply price of land is considered to be zero because .`
A. Its supply is limited
B. Its supply is infinity
C. In aggregate sense its cost of production s zero
D. Its demand is limited
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 A public limited company is run by
A. board of governors
B. board of managers
C. board of advisor's
D. board of directors
8 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
9 The capital laying in the deposits of commercial bank is called.
A. Domestic capital
B. Real capital
C. Foreign capital
D. Money capital
10 How many merits of organization in text book
A. 7
B. 8
C. 9
D. 10

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