Question # 1

Joint stock company is manged and run by a

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Board of Directors

Shareholders

Accountant

None of these

Pakistan population is growing a rate of .

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2 % per annum

1. 8 % per annum

2.9 % per annum

2.2 % per annum

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

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Domestic capital

Real capital

Foreign capital

Money capital

A joint stock company has

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limited liability

unlimited liability

limited capital

unlimited capital

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

Land is mobile factor of production.

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Not mobile

Mobile by the transfer ownership

Geographically mobile

Mobile vertically

Mobility of labour can be promoted by.

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Health

Better rewards

Immigration

Information media

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

Members of business partnership in Pakistan are:

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2 to 20

5 to 20

2 to 25

2 to 3

Efficiency of land can be promoted by.

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Means of communication

Fertility of land

Climate condition

Quality of other factors

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 submit the plan to the Registrar of Joint Stock Companies along with ______ documents

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Two

Three

Four

Five

Rice mill is a :

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Fixed capital

Floating capital

Sunk capital

None of the three

Those who invest in joint stock companies are called

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partners

shareholders

members

associates

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

Debenture holders recive.

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Interest

Wages

Dividend

Profit

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

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

Production of wealth takes place by:

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A combination of output

A combination of input

Labour only

Capital only

Members of a public limited company are elected by.

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Directors

Government

Financial institutions

Share holders

It is most suitable for large scale business

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proprietorship

partnership

corporation

cooperative society

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