Question # 1

The proportion of rural population in Pakistan is:

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68%

70%

72%

74%

The word "LIMITED" at the end of a firm's name means

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it produces only commodity

has limited capital

cannot have more than 100 members

shareholders liability to pay debt of firm cannot exceed value of their investment

Limited liability is one of the advantages of

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partnership

sole proprietor

joint stock company

cooperative society

It is an example of public limited company

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WAPDA

President House

SHELL petroleum

none of the above

The maximum number of parteners in a partnership is .

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20

30

15

18

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

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

How many various form of partnership

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3

4

5

6

Factors of production are recently termed as.

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Output

Outly

Input

None of them

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

A person who contributes funds in partnership but does not take active part in management of business is called

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sleeping partner

helping partner

temporary partner

inactive partner

A public limited company is run by

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board of governors

board of managers

board of advisor's

board of directors

Debenture holders recive.

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Interest

Wages

Dividend

Profit

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

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Two

Three

Four

Five

Social stagnation is a big obstacle to.

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Mobility of labour

Division OF labour

Efficiency o labour

All the above

A public corporation comes into existence by means

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registration under the Companies Act

Act of parliament

decision by the shareholders

registration with the Stock Exchange

Rice mill is a :

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Fixed capital

Floating capital

Sunk capital

None of the three

Members of business partnership in Pakistan are:

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2 to 20

5 to 20

2 to 25

2 to 3

Efficiency of land can be promoted by.

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Means of communication

Fertility of land

Climate condition

Quality of other factors

A labourer resigns from service to start his own business. what type of mobility will it be.

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Vertical mobilty

Occupational mobility

Horizontal mobility

Social mobility

Production of wealth means:

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Driving a taxi

Teaching a daughter

A doctor serving his wife

All the three

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