[{"id":100585,"question":"If a public limited company issues bonds to increase resources, then it pays","choices":[{"text":"fixed premium to bond holders","value":"A"},{"text":"fixed interest to bond holders","value":"B"},{"text":"fixed tax to bond holders","value":"C"},{"text":"fixed profit to bond holders","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100584,"question":"A public corporation comes into existence by means","choices":[{"text":"registration under the Companies Act","value":"A"},{"text":"Act of parliament","value":"B"},{"text":"decision by the shareholders","value":"C"},{"text":"registration with the Stock Exchange","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100583,"question":"It is an example of public limited company","choices":[{"text":"WAPDA","value":"A"},{"text":"President House","value":"B"},{"text":"SHELL petroleum","value":"C"},{"text":"none of the above","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":100582,"question":"Reward of which factor of production is not pre-determined?","choices":[{"text":"labour","value":"A"},{"text":"land","value":"B"},{"text":"capital","value":"C"},{"text":"organisation","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100581,"question":"They can expand their business by selling shares in the stock market","choices":[{"text":"proprietor of a business","value":"A"},{"text":"partners of the business","value":"B"},{"text":"joint stock company","value":"C"},{"text":"industrial cooperative societies","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":100580,"question":"A public limited company is run by","choices":[{"text":"board of governors","value":"A"},{"text":"board of managers","value":"B"},{"text":"board of advisor's","value":"C"},{"text":"board of directors","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":100579,"question":"It is most suitable for large scale business","choices":[{"text":"proprietorship","value":"A"},{"text":"partnership","value":"B"},{"text":"corporation","value":"C"},{"text":"cooperative society","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":100578,"question":"He prepares the initial plan of the business","choices":[{"text":"capitalist","value":"A"},{"text":"manager","value":"B"},{"text":"entrepreneur","value":"C"},{"text":"officer","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":100577,"question":"Limited liability is one of the advantages of","choices":[{"text":"partnership","value":"A"},{"text":"sole proprietor","value":"B"},{"text":"joint stock company","value":"C"},{"text":"cooperative society","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":100576,"question":"Those who invest in joint stock companies are called","choices":[{"text":"partners","value":"A"},{"text":"shareholders","value":"B"},{"text":"members","value":"C"},{"text":"associates","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":100575,"question":"An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of","choices":[{"text":"Prof. Knight","value":"A"},{"text":"Prof. Marshall","value":"B"},{"text":"Prof. Robbins","value":"C"},{"text":"Prof. Knees","value":"D"},{"value":"E"}],"correctAnswer":1}]