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

00:00
Question # 1

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

Question # 2

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

Question # 3

Joint stock company is manged and run by a

Question # 4

WAPDA is a

Question # 5

Limited liability is one of the advantages of

Question # 6

Habib Bank limited means that.

Question # 7

A public limited company is run by

Question # 8

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

Question # 9

One of the following is not land.

Question # 10

One of the following is fixed capital.

Question # 11

The supply price of land is considered to be zero because .`

Question # 12

Members of business partnership in Pakistan are:

Question # 13

He prepares the initial plan of the business

Question # 14

It is an example of public limited company

Question # 15

The maximum number of parteners in a partnership is .

Question # 16

Production of wealth means:

Question # 17

The proportion of rural population in Pakistan is:

Question # 18

Debenture holders recive.

Question # 19

Production of wealth takes place by:

Question # 20

Land is mobile factor of production.

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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 It is an example of public limited company
A. WAPDA
B. President House
C. SHELL petroleum
D. none of the above
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 A professor is promoted to be a principle . What type of mobility will it be.
A. Vertical mobility
B. Horizontal mobility
C. Geographical mobility
D. None of the three
4 Joint stock company is manged and run by a
A. Board of Directors
B. Shareholders
C. Accountant
D. None of these
5 He prepares the initial plan of the business
A. capitalist
B. manager
C. entrepreneur
D. officer
6 Those who invest in joint stock companies are called
A. partners
B. shareholders
C. members
D. associates
7 A joint stock company has
A. limited liability
B. unlimited liability
C. limited capital
D. unlimited capital
8 Limited liability is one of the advantages of
A. partnership
B. sole proprietor
C. joint stock company
D. cooperative society
9 One of the following is fixed capital.
A. Raw material
B. Defence saving certificate
C. Machinery
D. None f the three
10 Land means nature resources which are available.
A. On the soil
B. Above the soil
C. Below the soil
D. All the above

Test Questions

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