Question # 1

Whose signature is important on statutory report of the company:

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Shareholders

Promoters

Directors

Auditors

A price, which includes cost of goods plus custom duty and all its relevant expenses up to this stage are called

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Duty paid

In bond price

Custom duties

Excise duty

If the court declares the bankruptcy of any partner in partnership firm

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The partnership continues

The partnership becomes weak

The partnership becomes cancels

A new partner is admitted

The govt. has monopoly in:

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Railway transport

Airtransport

Roadtransport

Watertransport

What does a business organization mean

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Sole tradership

Partnership

Joint stock company

All the above

The rate o interest in long term finance is

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Less

Non

More

All the above

Maximum number of members in a co-operative society

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Ten

Twenty

Fifty

None of these

How many important terms of import trade

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18

19

20

21

State the procedure or steps of exporting goods are

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Obtaining and acceptance of indent

Registration

Obtaining license

All of these

What does a company issue to get loan from the public:

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Shares

Debentures

Dividend

All of these

A sole proprietor forms his business after:

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The government's acceptance

Fulfilling the legal requirements

His own will

The permission of relative

The source of importing goods:

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Wholesaler (trader)

Indent firm

Foreign purchase office

All of the above

Modaraba is established for a

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Limited period

Unlimited period

Both a and b

None of the above

Which company can issue the shares to public

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Chartered company

Public ltd. company

Private company

All the above

A wholesaler buys goods in:

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Reasonable quantity

Abundant quantity

Less quantity

Does not buy or sell

Two types of industry:

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Constructive, genetics

Extractive, genetics

Primary, secondary

Constructive, manufacturing

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