Question # 1

Marshall's representative firm is a long-run average firm while optimum firm is a:

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Maximum cost firm

Minimum cost firm

Marginal cost firm

Average cost firm

An attempt at a cut short, which hits the bottom edge of the bat and travels into the area behind square leg.

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Portuguese cut

Spanish Cut

French Cut

Italian Cut

Which one of the following is not a method of peaceful settlement of disputes?

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Limited arms conflict

Negotiations

Arbitration

Mediation

What does FPCT stand for?

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fielding percentage

fielding Put outs

fielding pick offs

fielding errors

A pressure works for the Welfare of:

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Weaker sections of the society

All section of the society

Its members only

government employees

Who is known as Father of scientific Management?

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Henry Fayol

Elton Mayo

Chester Bernard

F.W Taylor

When the stock market is rising is called

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Bearish

Bullish

Anti Dumping

Dumping

From when did the Euro become a legal tender?

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1 December 1999

1 January 2000

1 January 2001

1 January 2002

who among the following is associated with the Iron Law of Oligarchy?

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Michels

Mosca

Mills

Laski

Who prepared budget of Pakistan?

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National Assembly

President of Pakistan

Ministry of France

State Bank of Pakistan

What is hindsight?

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Always moaning and groaning - not listening to anyone else,just yourself

Using the outcome of event to make decisions about them

Looking back wards all the time never looking to the future

None of these

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