11th class Principles of Commerce chapter 2 online mcq test with answers for I.Com part 1 Principles of Commerce chapter 2(Nature and Scope of Commerce)

Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test

Sr. #	Questions	Answers Choice
1	Helps of facilitates the trade:	Business organizations Retailers Trade auxiliaries National organizations
2	Secondary industry can be divided into two parts/types:	Constructive, extractive Constructive, manufacturing Extractive, genetics Constructive, genetics
3	Primary industry can be divided into two parts/types:	Extractive, genetics Constructive, genetics Extractive, secondary Constructive, manufacturing
4	Two types of industry:	Constructive, genetics Extractive, genetics Primary, secondary Constructive, manufacturing
5	Two important components of the business:	Trade and commerce Industry and commerce Trade and industry Profit and loss
6	Imports and exports are the kinds of:	Home trade Foreign trade Provincial trade None of these
7	Trade means:	Wholesaling Retailing Import and Export All the three
8	Trade is the component of:	Commerce Industry Agriculture None of these
9	Commerce is the component of:	Industry Trade Business Government service
10	Industry is the component of:	Commerce Trade Business Government service
11	Industry includes those activities which are related to:	Selling and buying of goods Sale of goods Preparation of goods and services All the above
12	Commerce and business:	The scope of business is wider than commerce The scope of commerce is wider than business Both have the same scope Both have a wider scope than each other
13	Commerce is related to:	Distribution of goods Sale of goods Purchase of goods All the above
14	Commerce means the activities which help in:	Buying and selling of goods Transportation of goods Transferring goods from factory to consumers None of the above
15	The literal meaning of trade of:	Exchange Buying and selling Removal of human obstacles Business

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