Question # 1

Social stagnation is a big obstacle to.

Choose an answer

Mobility of labour

Division OF labour

Efficiency o labour

All the above

They can expand their business by selling shares in the stock market

Choose an answer

proprietor of a business

partners of the business

joint stock company

industrial cooperative societies

One of the following is fixed capital.

Choose an answer

Raw material

Defence saving certificate

Machinery

None f the three

Production of wealth takes place by:

Choose an answer

A combination of output

A combination of input

Labour only

Capital only

How many various form of partnership

Choose an answer

3

4

5

6

A labourer resigns from service to start his own business. what type of mobility will it be.

Choose an answer

Vertical mobilty

Occupational mobility

Horizontal mobility

Social mobility

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

Choose an answer

Wicksteed

Hicks

Pareto

Land means nature resources which are available.

Choose an answer

On the soil

Above the soil

Below the soil

All the above

Pakistan population is growing a rate of .

Choose an answer

2 % per annum

1. 8 % per annum

2.9 % per annum

2.2 % per annum

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

Choose an answer

it produces only commodity

has limited capital

cannot have more than 100 members

shareholders liability to pay debt of firm cannot exceed value of their investment

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

Choose an answer

Its supply is limited

Its supply is infinity

In aggregate sense its cost of production s zero

Its demand is limited

Rice mill is a :

Choose an answer

Fixed capital

Floating capital

Sunk capital

None of the three

Efficiency of land can be promoted by.

Choose an answer

Means of communication

Fertility of land

Climate condition

Quality of other factors

A public corporation comes into existence by means

Choose an answer

registration under the Companies Act

Act of parliament

decision by the shareholders

registration with the Stock Exchange

One of the following is gift of a nature .

Choose an answer

Land

Labour

Capital

Organization

The capital laying in the deposits of commercial bank is called.

Choose an answer

Domestic capital

Real capital

Foreign capital

Money capital

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

Choose an answer

Business under partnership

Cooperative society

Join stock company

Sole proprietorship

Joint stock company is manged and run by a

Choose an answer

Board of Directors

Shareholders

Accountant

None of these

Labour intensive technique of production means.

Choose an answer

More labour and less capital

Less labour and more capital

More labour and no land

More land and no labour

A joint stock company has

Choose an answer

limited liability

unlimited liability

limited capital

unlimited capital

More Classes

Other Links

Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer