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Online Tests
Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers
Question # 1
Members of business partnership in Pakistan are:
Choose an answer
2 to 20
5 to 20
2 to 25
2 to 3
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Question # 2
How many types of organization
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5
6
7
8
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Question # 3
How many various form of partnership
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3
4
5
6
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Question # 4
A professor is promoted to be a principle . What type of mobility will it be.
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Vertical mobility
Horizontal mobility
Geographical mobility
None of the three
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Question # 5
Members of a public limited company are elected by.
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Directors
Government
Financial institutions
Share holders
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Question # 6
A public limited company is run by
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board of governors
board of managers
board of advisor's
board of directors
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Question # 7
WAPDA is a
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public corporation
public company
private company
partnership
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Question # 8
Pakistan population is growing a rate of .
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2 % per annum
1. 8 % per annum
2.9 % per annum
2.2 % per annum
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Question # 9
If a public limited company issues bonds to increase resources, then it pays
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fixed premium to bond holders
fixed interest to bond holders
fixed tax to bond holders
fixed profit to bond holders
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Question # 10
One of the following can be registered in a stock exchange.
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Business under partnership
Cooperative society
Join stock company
Sole proprietorship
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Question # 11
The maximum number of parteners in a partnership is .
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20
30
15
18
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Question # 12
Labour intensive technique of production means.
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More labour and less capital
Less labour and more capital
More labour and no land
More land and no labour
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Question # 13
One of the following is gift of a nature .
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Land
Labour
Capital
Organization
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Question # 14
Factors of production are recently termed as.
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Output
Outly
Input
None of them
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Question # 15
A labourer resigns from service to start his own business. what type of mobility will it be.
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Vertical mobilty
Occupational mobility
Horizontal mobility
Social mobility
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Question # 16
How many merits of organization in text book
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7
8
9
10
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Question # 17
Members of a public limited company in Pakistan are.
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5 to 50
10 to 100
7 to any number
only 5
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Question # 18
Debenture holders recive.
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Interest
Wages
Dividend
Profit
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Question # 19
The supply price of land is considered to be zero because .`
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Its supply is limited
Its supply is infinity
In aggregate sense its cost of production s zero
Its demand is limited
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Question # 20
Intensive cultivation means.
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Extending land for cultivation
Use of more input at the same land
More input and more land to be used`
More land and less labour to be used
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Question # 21
The capital laying in the deposits of commercial bank is called.
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Domestic capital
Real capital
Foreign capital
Money capital
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