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NAT I Commerce Commerce MCQs With Answers
Question # 1
Advertising expenses are met by
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Consumers
Whole seller
Owner of the goods
Retailer
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Question # 2
A person who takes part in economic activities to earn the profit is called
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Businessman
Industrialist
Professional
Banker
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Question # 3
By economic activities means:
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Business
Commerce
Business and profession
Business profession and employment
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Question # 4
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 # 5
Sole proprietorship is suitable for
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Large scale business
Medium scale business
Small scale business
For all of these
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Question # 6
It is required necessary for international trade
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Letter of credit
Letter of debit
Agency letter
Circular letter
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Question # 7
The important function of an office is
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To provide information
To sell the goods
To purchase the goods
To improve the efficiency of the management
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Question # 8
The formation of Joint stock Company is maintained under
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Company Act,1984
Company Act,1932
Company Act,1972
Company Act ,1911
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Question # 9
The letter written for the acquisition of information is
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Circular letter
Inquiry letter
Agency letter
Quotation letter
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Question # 10
The persons who form the joint stock company
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Shareholders
Promoters
Mangers
Auditors
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Question # 11
Retailer sells the goods to
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Consumers
Hawkers
Industrialist
Wholesaler
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