Question # 1

Efficiency of land can be promoted by.

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Means of communication

Fertility of land

Climate condition

Quality of other factors

Debenture holders recive.

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Interest

Wages

Dividend

Profit

A public limited company is run by

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board of governors

board of managers

board of advisor's

board of directors

He prepares the initial plan of the business

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capitalist

manager

entrepreneur

officer

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

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

Those who invest in joint stock companies are called

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partners

shareholders

members

associates

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

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

One of the following is not land.

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Sui gas

Electric power

Atlantic Ocean`

A river

Members of business partnership in Pakistan are:

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2 to 20

5 to 20

2 to 25

2 to 3

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

They can expand their business by selling shares in the stock market

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proprietor of a business

partners of the business

joint stock company

industrial cooperative societies

Members of a public limited company in Pakistan are.

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5 to 50

10 to 100

7 to any number

only 5

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

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labour

land

capital

organisation

A joint stock company has

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limited liability

unlimited liability

limited capital

unlimited capital

WAPDA is a

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public corporation

public company

private company

partnership

One of the following will not be capital.

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Mchinery

Means of communication

Water falls

Means of transportation

One of the following is fixed capital.

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Raw material

Defence saving certificate

Machinery

None f the three

Production of wealth takes place by:

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A combination of output

A combination of input

Labour only

Capital only

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Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers

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