| 1 |
Third factor of production is called |
- A. land
- B. labour
- C. capital
- D. organization
|
| 2 |
Fourth factor of production is called |
- A. Land
- B. Labour
- C. Capital
- D. Organization
|
| 3 |
One of the following is not called land |
- A. Rain
- B. Mountain
- C. Forests
- D. Mangla Dam
|
| 4 |
Immortal factor production is |
- A. Land
- B. Labour
- C. Capital
- D. Organization
|
| 5 |
Organization means an individual or institution which with optimum factor combination |
- A. Lays foundation of business always earning profit
- B. Lays foundation of business but does not accept the responsibility of profit and loss
- C. Lays foundation of business but accepts the responsibility of profit and loss
- D. Serves as a manger in the business and receives remuneration
|
| 6 |
Tractor, harvester, thrasher etc are the examples of factor of production |
- A. Land
- B. Labour
- C. Capital
- D. Organization
|
| 7 |
Factor of production which is used to earn more income, is called |
- A. Land
- B. Labour
- C. Capital
- D. Organization
|
| 8 |
Stock means the quantity: |
- A. Sold in market
- B. Which is offered for sale
- C. Which exist in warehouse
- D. Of total production
|
| 9 |
The most important and basic factor of production is |
- A. Land
- B. Labour
- C. Capital
- D. Organization
|
| 10 |
The factor which is needed to produce goods by the combination of land, labour and capital is called |
- A. Land
- B. Labour
- C. Capital
- D. Organization
|
