1 |
Factors of production are recently termed as. |
- A. Output
- B. Outly
- C. Input
- D. None of them
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2 |
A joint stock company has |
- A. limited liability
- B. unlimited liability
- C. limited capital
- D. unlimited capital
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3 |
It is an example of public limited company |
- A. WAPDA
- B. President House
- C. SHELL petroleum
- D. none of the above
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4 |
Those who invest in joint stock companies are called |
- A. partners
- B. shareholders
- C. members
- D. associates
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5 |
WAPDA is a |
- A. public corporation
- B. public company
- C. private company
- D. partnership
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6 |
The proportion of rural population in Pakistan is: |
- A. 68%
- B. 70%
- C. 72%
- D. 74%
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7 |
Joint stock company is manged and run by a |
- A. Board of Directors
- B. Shareholders
- C. Accountant
- D. None of these
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8 |
Intensive cultivation means. |
- A. Extending land for cultivation
- B. Use of more input at the same land
- C. More input and more land to be used`
- D. More land and less labour to be used
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9 |
Habib Bank limited means that. |
- A. Its capital is limited
- B. It shareholders are limited
- C. The liability of each shareholders is limited
- D. Non of the three
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10 |
It is most suitable for large scale business |
- A. proprietorship
- B. partnership
- C. corporation
- D. cooperative society
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