| 1 |
Members of business partnership in Pakistan are: |
- A. 2 to 20
- B. 5 to 20
- C. 2 to 25
- D. 2 to 3
|
| 2 |
How many types of organization |
|
| 3 |
Land is mobile factor of production. |
- A. Not mobile
- B. Mobile by the transfer ownership
- C. Geographically mobile
- D. Mobile vertically
|
| 4 |
A public limited company is run by |
- A. board of governors
- B. board of managers
- C. board of advisor's
- D. board of directors
|
| 5 |
All factors of production are substitutable with each other. it is held by: |
- A. Wicksteed
- B. Hicks
- C. Pareto
|
| 6 |
Labour intensive technique of production means. |
- A. More labour and less capital
- B. Less labour and more capital
- C. More labour and no land
- D. More land and no labour
|
| 7 |
Those who invest in joint stock companies are called |
- A. partners
- B. shareholders
- C. members
- D. associates
|
| 8 |
Land means nature resources which are available. |
- A. On the soil
- B. Above the soil
- C. Below the soil
- D. All the above
|
| 9 |
Production of wealth means: |
- A. Driving a taxi
- B. Teaching a daughter
- C. A doctor serving his wife
- D. All the three
|
| 10 |
He prepares the initial plan of the business |
- A. capitalist
- B. manager
- C. entrepreneur
- D. officer
|
