Question # 1

Two components of business are

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Industry and trade

Profit and loss

Commerce and industry

Trade and commerce

Maximum number of partners in partnership business is

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2

20

21

10

Co-operative society is formed under Act

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1925

1932

1935

1984

The objective of advertisement is to

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Introduce the goods

Save the goods

Reach the goods to consumers

All of these

Industry is a part of

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Commerce

Trade

Business

Finance

The most important part of a letter is

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Subject

Letter heading

Body of the letter

Development of National Trade solves the problems of

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Water

Unemployment

Illiteracy

All of these

Retailer sells goods to

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Consumers

Hawkers

Industrialist

Wholesaler

Wholesaler purchases in

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Suitable quantities

Bulk quantities

Small quantities

The letter written for the acquisition of information is

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Circular letter

Inquiry letter

Agency letter

Quotation letter

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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NAT I Commerce Commerce MCQs With Answers

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