Question # 1

Limited liability is one of the advantages of

Choose an answer

partnership

sole proprietor

joint stock company

cooperative society

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

Choose an answer

Wicksteed

Hicks

Pareto

Debenture holders recive.

Choose an answer

Interest

Wages

Dividend

Profit

Those who invest in joint stock companies are called

Choose an answer

partners

shareholders

members

associates

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

Choose an answer

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

It is an example of public limited company

Choose an answer

WAPDA

President House

SHELL petroleum

none of the above

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

Choose an answer

Domestic capital

Real capital

Foreign capital

Money capital

To promote capital investment in a country, what is essentially required is.

Choose an answer

Basic infrastructure

Bank credit

Law and ordered

Stock broker

One of the following is fixed capital.

Choose an answer

Raw material

Defence saving certificate

Machinery

None f the three

Land means nature resources which are available.

Choose an answer

On the soil

Above the soil

Below the soil

All the above

Habib Bank limited means that.

Choose an answer

Its capital is limited

It shareholders are limited

The liability of each shareholders is limited

Non of the three

A public corporation comes into existence by means

Choose an answer

registration under the Companies Act

Act of parliament

decision by the shareholders

registration with the Stock Exchange

One of the following can be registered in a stock exchange.

Choose an answer

Business under partnership

Cooperative society

Join stock company

Sole proprietorship

How many types of organization

Choose an answer

5

6

7

8

Land is mobile factor of production.

Choose an answer

Not mobile

Mobile by the transfer ownership

Geographically mobile

Mobile vertically

How many merits of organization in text book

Choose an answer

7

8

9

10

An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of

Choose an answer

Prof. Knight

Prof. Marshall

Prof. Robbins

Prof. Knees

It is most suitable for large scale business

Choose an answer

proprietorship

partnership

corporation

cooperative society

Pakistan population is growing a rate of .

Choose an answer

2 % per annum

1. 8 % per annum

2.9 % per annum

2.2 % per annum

Efficiency of land can be promoted by.

Choose an answer

Means of communication

Fertility of land

Climate condition

Quality of other factors

The proportion of rural population in Pakistan is:

Choose an answer

68%

70%

72%

74%

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer