Question # 1

WAPDA is a

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public corporation

public company

private company

partnership

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

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Prof. Knight

Prof. Marshall

Prof. Robbins

Prof. Knees

One of the following is gift of a nature .

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Land

Labour

Capital

Organization

Members of business partnership in Pakistan are:

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2 to 20

5 to 20

2 to 25

2 to 3

To promote capital investment in a country, what is essentially required is.

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Basic infrastructure

Bank credit

Law and ordered

Stock broker

One of the following can be registered in a stock exchange.

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Business under partnership

Cooperative society

Join stock company

Sole proprietorship

Factors of production are recently termed as.

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Output

Outly

Input

None of them

Efficiency of land can be promoted by.

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Means of communication

Fertility of land

Climate condition

Quality of other factors

Production of wealth takes place by:

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A combination of output

A combination of input

Labour only

Capital only

Pakistan population is growing a rate of .

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2 % per annum

1. 8 % per annum

2.9 % per annum

2.2 % per annum

The submit the plan to the Registrar of Joint Stock Companies along with ______ documents

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Two

Three

Four

Five

The capital laying in the deposits of commercial bank is called.

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Domestic capital

Real capital

Foreign capital

Money capital

How many merits of organization in text book

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7

8

9

10

A joint stock company has

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limited liability

unlimited liability

limited capital

unlimited capital

Habib Bank limited means that.

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Its capital is limited

It shareholders are limited

The liability of each shareholders is limited

Non of the three

Those who invest in joint stock companies are called

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partners

shareholders

members

associates

Joint stock company is manged and run by a

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Board of Directors

Shareholders

Accountant

None of these

Land is mobile factor of production.

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Not mobile

Mobile by the transfer ownership

Geographically mobile

Mobile vertically

A public limited company is run by

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board of governors

board of managers

board of advisor's

board of directors

It is an example of public limited company

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WAPDA

President House

SHELL petroleum

none of the above

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