First Year Principles of Commerce Chapter 1 Online MCQ Test for 1st Year Principles of Commerce Chapter 1 (Concept of Business)

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11th Principles of Commerce Chapter 1 Test

This online test contains MCQs about following topics:

Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test

Try the Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test.

  • Total Questions15

  • Time Allowed20

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Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test

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Question # 1

Income from business is called

Question # 2

Economic activities mean

Question # 3

The businessman is

Question # 4

Economic activity which gives

Question # 5

Human activities consist of following activities

Question # 6

What does a business organization mean:

Question # 7

Human activities consist of following activities:

Question # 8

The basic objective of business is:

Question # 9

The objective of non-economic activities is to

Question # 10

In order to determine the size of a business we consider

Question # 11

A person who deals in ready made items is

Question # 12

A person involved in different economic activities for the purpose of earning profit is called

Question # 13

Which factor plays an important role in improving the standard of living of the people and economic development:

Question # 14

A person who deals in ready made item is:

Question # 15

Which factor plays an important role in improving the standard of living of the people and economic development

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Human activites and their classification . Definition, Nature and Characteristics of business . Objectives and functions of business . Starting/establishing a new business . Qualities of a good businessman . Elements of successful business

Here you can prepare 11th Principles of Commerce English Medium Chapter 1 Concept of Business Test. Click the button for 100% free full practice test.

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