Question # 1

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

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Domestic capital

Real capital

Foreign capital

Money capital

The maximum number of parteners in a partnership is .

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20

30

15

18

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

WAPDA is a

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public corporation

public company

private company

partnership

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

Production of wealth means:

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Driving a taxi

Teaching a daughter

A doctor serving his wife

All the three

He prepares the initial plan of the business

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capitalist

manager

entrepreneur

officer

The supply price of land is considered to be zero because .`

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Its supply is limited

Its supply is infinity

In aggregate sense its cost of production s zero

Its demand is limited

Joint stock company is manged and run by a

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Board of Directors

Shareholders

Accountant

None of these

A professor is promoted to be a principle . What type of mobility will it be.

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Vertical mobility

Horizontal mobility

Geographical mobility

None of the three

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

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

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

One of the following is not land.

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Sui gas

Electric power

Atlantic Ocean`

A river

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

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

Rice mill is a :

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Fixed capital

Floating capital

Sunk capital

None of the three

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

All factors of production are substitutable with each other. it is held by:

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Wicksteed

Hicks

Pareto

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