Which of the following is not an important reason for government ownership of industries?
Provision of essential services
Large capital requirements
Avoiding duplication of services
Preventing private monopoly
Making high profit
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not a source of capital to a sole proprietor?
Loan from firends
Personal savings
Ploughing back profit
Borrow from relations
Borrowing through debentures
Correct answer is E
No explanation has been provided for this answer.
The reward of shareholding in a company is?
profit
dividend
interest
bonus
premium
Correct answer is B
No explanation has been provided for this answer.
Founders shares are usually referred to as deferred shares because the holders?
are not entitled to any dividend
receives their dividends before other share holders
are the managers of the company
receive dividends after other shareholders
are entitled to accumulative dividends
Correct answer is D
No explanation has been provided for this answer.
A business unit whose membership ranges from 2-50 is a?
public corporation
partnership
public company
private company
co-operative society
Correct answer is D
No explanation has been provided for this answer.