Question # 1

The maximum number of parteners in a partnership is .

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20

30

15

18

Rice mill is a :

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Fixed capital

Floating capital

Sunk capital

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

How many types of organization

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5

6

7

8

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

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

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Wicksteed

Hicks

Pareto

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

A public corporation comes into existence by means

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registration under the Companies Act

Act of parliament

decision by the shareholders

registration with the Stock Exchange

A joint stock company has

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limited liability

unlimited liability

limited capital

unlimited capital

Social stagnation is a big obstacle to.

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Mobility of labour

Division OF labour

Efficiency o labour

All the above

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

Debenture holders recive.

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Interest

Wages

Dividend

Profit

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

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