BPSC Economics MCQs

PPSC Lecturer Economics Important MCQs online Test No. 53

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There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
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Test Instructions:-
Test Name	Lecturer Economics
Subject	Economics Test 53
Test Type	MCQs
Total Questions	25
Total Time	20 Minutes
Total Marks	100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 53

1 / 25

Which of the following is capital.

TV station

Tractor

Tarbela Dam

All of the three

2 / 25

The difference between iron ore deposits and the steel produced from these deposits illustrates the difference between.

Labour and natural resources.

Labour and capital

Natural resources and capital

Natural resources and entrepreneurship.

3 / 25

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.

4 / 25

A public limited company is run by.

Board of governors

Board of managers

Board of advisors

Board of directors

5 / 25

An example of money capital is.

Cash

Money in a savings account

Golden ring

Prize bond

6 / 25

These are kinds of capital EXCEPT.

Fixed capital

Expensive capital

Working capital

Real capital

7 / 25

The word 'LIMITED' at the end of a firm's name means.

It produces only one commodity.

Has limited capital

Cannot have more then 100 members.

Shareholders liability to pay debt of firm cannot exceed value of their investment

8 / 25

A person who contributes funds in partnership but does not take active part in management of business is called.

Sleeping partner

Helping partner

Temporary partner

Unlimited capital

9 / 25

It is an example of public limited company.

WAPDA

President House

SHELL Petroleum

None of the above

10 / 25

Capital formation takes place when.

People save a part of their incomes.

Saved amount is invested.

Investors expect good return

All of the three

11 / 25

Which is NOT a cause of slow capital formation in Pakistan.

Poverty

illiteracy

Bad governance

Low rate of taxes

12 / 25

In law of diminishing returns at least one factor.

Must be constant

Must be owned by the firm.

Must be purchasable.

Must be efficient

13 / 25

It is most suitable for large scale business.

Proprietorship

Partnership

Corporation

Cooperative society

14 / 25

A public corporation comes into existence by means.

Registration under the companies.

Registration with the stock exchange.

Act of Paliment

Decisions by the short holders.

15 / 25

He prepares the initial plan of the business.

Capitalist

Manager

Entrepreneur

Officer

16 / 25

It is function of capital.

Provision of machinery.

Payment of wages

Establish good relation with other countries.

A & B of above

17 / 25

A joint stock company has.

Limited liability

Limited capital

Unlimited liability

Unlimited capital

18 / 25

WAPDA is a.

Public corporation

Public company

Private company

Partnership

19 / 25

Net investment equals Gross investment MINUS.

Fixed capital

Capital depreciation

Capital appreciation

Capital formation

20 / 25

Reward of which factor of production is not pre-determined?

Labour

Capital

Land

Organization

21 / 25

Those who invest in joint stock companies are called.

Partners

Shareholders

Members

Associates

22 / 25

Productivity of capital depends upon.

Quality of labour.

Quality of raw materials.

Quality of management.

All of the above

23 / 25

Limited liability is one of the advantages of.

Partnership

Sole proprietor

Join stock company

Cooperative society

24 / 25

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

25 / 25

Negative returns in the short run imply that.

Average product is negative.

Total product is negative.

Marginal is negative

Total cost is falling

Your score is

The average score is 0%

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