Question # 1

Commerce relates to

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Purchase and sale of goods

Earn profit

Exchange of goods

The new latest machine of calculating is

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Calculator

Computer

Posting machine

Invoicing machine

The maximum strength of Public Ltd Company's shareholders is

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50

20

100

No limit

A person who takes part in economic activities to earn the profit is called

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Businessman

Industrialist

Professional

Banker

Calculate machine is

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Punching machine

Calculator

Photo-state machine

Stapler machine

Industry relates to

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Production of good

Trade

Exchange of goods

Purchasing and selling of goods

Maximum number of partners in partnership business is

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2

20

21

10

Change in memorandum of association is possible by

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Shareholders

Promoters

Government

Directors

In partnership the age of minor partner is

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20 years

22 years

18 years

Below 18 years

Word trade means

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The exchange of goods

The purchasing and selling of goods

The business

The production of goods

The objective of advertisement is

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Introduce the things

To save the things

To reach the things to consumer

All of these

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NAT I Commerce Commerce MCQs With Answers

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