| 1 |
All factors of production are substitutable with each other. it is held by: |
- A. Wicksteed
- B. Hicks
- C. Pareto
|
| 2 |
Limited liability is one of the advantages of |
- A. partnership
- B. sole proprietor
- C. joint stock company
- D. cooperative society
|
| 3 |
One of the following will not be capital. |
- A. Mchinery
- B. Means of communication
- C. Water falls
- D. Means of transportation
|
| 4 |
WAPDA is a |
- A. public corporation
- B. public company
- C. private company
- D. partnership
|
| 5 |
He prepares the initial plan of the business |
- A. capitalist
- B. manager
- C. entrepreneur
- D. officer
|
| 6 |
They can expand their business by selling shares in the stock market |
- A. proprietor of a business
- B. partners of the business
- C. joint stock company
- D. industrial cooperative societies
|
| 7 |
Pakistan population is growing a rate of . |
- A. 2 % per annum
- B. 1. 8 % per annum
- C. 2.9 % per annum
- D. 2.2 % per annum
|
| 8 |
If a public limited company issues bonds to increase resources, then it pays |
- A. fixed premium to bond holders
- B. fixed interest to bond holders
- C. fixed tax to bond holders
- D. fixed profit to bond holders
|
| 9 |
The proportion of rural population in Pakistan is: |
- A. 68%
- B. 70%
- C. 72%
- D. 74%
|
| 10 |
The maximum number of parteners in a partnership is . |
|
