Question # 1

Pakistan started its first five-year plan in

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1947

1950

1955

1960

ICAO is another important UN Agency, What does not ICAO stand for?

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International Civil Aviation Organization

International control of Aeroplanes Organization

International Concorde Air planes Organization

International committee of approval of new organizations

The concept of costing margin in the pricing theory was introduced by?

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Andrews

Baumol

Cournot

Williamson

The driving force that encourages people and organizations to improve their material well being is called:

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Private property

Big houses

Vacations

Profit motive

What is the Essence of Control?

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To take decision

To take corrective action

To make enquiry

To motivate

Who is known as Father of scientific Management?

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Henry Fayol

Elton Mayo

Chester Bernard

F.W Taylor

Profits is caused by-

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Dynamic element in the economy

Innovation

Windfall

All of the above

Who among the following is the exponent of Game theory?

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Martin Shubik

Kari Deutsch

Palamer and parkins

joseph Frankel

Fir stand for:

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First information Report

Final information Report

Fundamental information Report

Final information Record

A voluntary association of people formed to carry on some kind of economic activity that will benefit its members?

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Revenues

Cooperative

Horizontal merger

Labour union

Ultimate burden of tax is known as

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Impact

Incidence

shifting of tax

Property tax

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