CSS :: International Economic Organisations
81.
In which year was the Asian Development Bank (ADB) set up following the recommendation of the United Nations Economic Commission for Asia and Far east?
Answer: Option B
Explanation:
82.
When was the Asian Development Fund launched by the Asian Development Bank with a view to provide confessional credit to needy members?
Answer: Option A
Explanation:
83.
Those who invest in joint stock companies are called:
A.
Partners
B.
Shareholders
C.
Members
D.
Associates
Answer: Option B
Explanation:
84.
Limited liability is one of the advantages of:
A.
Partnership
B.
Sole proprietor
C.
Joint stock company
D.
Cooperative society
Answer: Option C
Explanation:
85.
He prepares the initial plan of the business:
A.
Capitalist
B.
Manager
C.
Entrepreneur
D.
Officer
Answer: Option C
Explanation:
86.
It is most suitable for large scale business:
A.
Proprietorship
B.
Partnership
C.
Corporation
D.
Cooperative society
Answer: Option C
Explanation:
87.
A public limited company is run by:
A.
Board of governors
B.
Board of managers
C.
Board of advisors
D.
Board of directors
Answer: Option D
Explanation:
88.
They can expand their business by selling shares in the stock market:
A.
Proprietor of business
B.
Partners of the business
C.
Joint stock company
D.
Industrial cooperative societies
Answer: Option C
Explanation:
89.
Reward of which factor of production is not pre-determined?
A.
Labour
B.
Land
C.
Capital
D.
Organistion
Answer: Option D
Explanation:
90.
It is an example of public limited company:
A.
WAPDA
B.
President House
C.
Mobil Link (Telephone)
D.
None of the above
Answer: Option A
Explanation:
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