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Online Tests
Economics Ics Part 1 English Medium Chapter 10 Online Test MCQs With Answers
Question # 1
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
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Question # 2
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
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Question # 3
The proportion of rural population in Pakistan is:
Choose an answer
68%
70%
72%
74%
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Question # 4
The submit the plan to the Registrar of Joint Stock Companies along with ______ documents
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Two
Three
Four
Five
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Question # 5
He prepares the initial plan of the business
Choose an answer
capitalist
manager
entrepreneur
officer
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Question # 6
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
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Question # 7
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
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Question # 8
If a public limited company issues bonds to increase resources, then it pays
Choose an answer
fixed premium to bond holders
fixed interest to bond holders
fixed tax to bond holders
fixed profit to bond holders
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Question # 9
Members of a public limited company are elected by.
Choose an answer
Directors
Government
Financial institutions
Share holders
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Question # 10
They can expand their business by selling shares in the stock market
Choose an answer
proprietor of a business
partners of the business
joint stock company
industrial cooperative societies
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Question # 11
One of the following will not be capital.
Choose an answer
Mchinery
Means of communication
Water falls
Means of transportation
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Question # 12
It is an example of public limited company
Choose an answer
WAPDA
President House
SHELL petroleum
none of the above
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