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

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Economics Ics Part 1 English Medium Chapter 10 Online Test

Sr. # Questions Answers Choice
1 If a public limited company issues bonds to increase resources, then it pays fixed premium to bond holders fixed interest to bond holders fixed tax to bond holders fixed profit to bond holders
2 A public corporation comes into existence by means registration under the Companies Act Act of parliament decision by the shareholders registration with the Stock Exchange
3 It is an example of public limited company WAPDA President House SHELL petroleum none of the above
4 Reward of which factor of production is not pre-determined? labour land capital organisation
5 They can expand their business by selling shares in the stock market proprietor of a business partners of the business joint stock company industrial cooperative societies
6 A public limited company is run by board of governors board of managers board of advisor's board of directors
7 It is most suitable for large scale business proprietorship partnership corporation cooperative society
8 He prepares the initial plan of the business capitalist manager entrepreneur officer
9 Limited liability is one of the advantages of partnership sole proprietor joint stock company cooperative society
10 Those who invest in joint stock companies are called partners shareholders members associates
11 An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of Prof. Knight Prof. Marshall Prof. Robbins Prof. Knees
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