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NAT I Commerce Commerce MCQs With Answers
Question # 1
The second important document of joint stock company is
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Memorandum of association
Prospectus
Articles of association
Corporation certificate
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Question # 2
The primary object of cooperative society is to
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Earn profit
Not to earn profit
Member's welfare
To make Allah Happy
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Question # 3
Two components of business are
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Industry and trade
Profit and loss
Commerce and industry
Trade and commerce
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Question # 4
Industry relates to
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Production of good
Trade
Exchange of goods
Purchasing and selling of goods
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Question # 5
Calculating machine is
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Punching machine
Calculator
Photo stat machine
stapler machine
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Question # 6
In public limited company the minimum number of shareholders are
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2
10
7
20
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Question # 7
Through advertisement new goods are
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Produced
Sold
Introduced
Spoiled
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Question # 8
Tell about like and dislike of
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Retailer
Trader
Wholesaler
Mill owner
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Question # 9
The appointed directors of the company act as director for
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Two years
Four years
Three years
Five years
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Question # 10
Sole proprietorship is the
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Old form of business organization
Developed form of business organization
Modern form of business organization
Obsolete form of business organization
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