Question # 1

A public limited company is run by

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board of governors

board of managers

board of advisor's

board of directors

Land means nature resources which are available.

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On the soil

Above the soil

Below the soil

All the above

The maximum number of parteners in a partnership is .

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20

30

15

18

Labour intensive technique of production means.

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More labour and less capital

Less labour and more capital

More labour and no land

More land and no labour

Rice mill is a :

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Fixed capital

Floating capital

Sunk capital

None of the three

Mobility of labour can be promoted by.

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Health

Better rewards

Immigration

Information media

It is most suitable for large scale business

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proprietorship

partnership

corporation

cooperative society

Members of business partnership in Pakistan are:

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2 to 20

5 to 20

2 to 25

2 to 3

Reward of which factor of production is not pre-determined?

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labour

land

capital

organisation

The capital which loses it from whenever it is used, is

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Circulating capital

Fixed capital

Money capital

Real capital

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

How many various form of partnership

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3

4

5

6

Production of wealth takes place by:

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A combination of output

A combination of input

Labour only

Capital only

The proportion of rural population in Pakistan is:

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68%

70%

72%

74%

If a public limited company issues bonds to increase resources, then it pays

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fixed premium to bond holders

fixed interest to bond holders

fixed tax to bond holders

fixed profit to bond holders

One of the following will not be capital.

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Mchinery

Means of communication

Water falls

Means of transportation

Limited liability is one of the advantages of

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partnership

sole proprietor

joint stock company

cooperative society

He prepares the initial plan of the business

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capitalist

manager

entrepreneur

officer

Social stagnation is a big obstacle to.

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Mobility of labour

Division OF labour

Efficiency o labour

All the above

Intensive cultivation means.

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Extending land for cultivation

Use of more input at the same land

More input and more land to be used`

More land and less labour to be used

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