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NAT I Commerce Commerce MCQs With Answers
Question # 1
Word trade means
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The exchange of goods
The purchasing and selling of goods
The business
The production of goods
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Question # 2
The most important part of a letter is
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Subject
Letter heading
Body of the letter
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Question # 3
Maximum number of partners in Banking business is
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40
30
20
10
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Question # 4
Industry is a part of
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Commerce
Trade
Business
Finance
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Question # 5
The sole proprietorship is
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Elastic
Inelastic
Durable
None of these
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Question # 6
Maximum number of partners in partnership business is
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2
20
21
10
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Question # 7
The objective of advertisement is to
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Introduce the goods
Save the goods
Reach the goods to consumers
All of these
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Question # 8
The kind of human activities are
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Three
Four
Two
Five
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Question # 9
Most important document of the company is
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Memorandum of association
Articles of association
Prospectus of the company
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Question # 10
The formation and dissolution of sole proprietorship is
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Easy
Complicated
Difficult
Very complicated
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Question # 11
In order to obtain loan from the public company issuses
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Shares
Debentures
Dividend
All of these
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