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NAT I Commerce Commerce MCQs With Answers
Question # 1
Retailer sells the goods to
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Consumers
Hawkers
Industrialist
Wholesaler
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Question # 2
In sole-proprietorship the capital is
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Limited
Unlimited
Depends upon sources of the owner
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Question # 3
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 # 4
We call exchange of goods with goods:
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Barter system
Co-trade
Industry
Commerce
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Question # 5
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 # 6
Co-operative society is formed under Act
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1925
1932
1935
1984
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Question # 7
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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Question # 8
Advertising expenses are met by
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Consumers
Whole seller
Owner of the goods
Retailer
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Question # 9
The owners of the company are
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Shareholders
Promoters
Debenture holders
Directors
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Question # 10
In sole proprietorship the capital is
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Limited
Depends upon sources of the owner
Unlimited
None of these
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Question # 11
Literal meanings of trade are
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To exchange
Buying and selling
To remove hindrance of time
Business
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Question # 12
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 # 13
In order to obtain loan from the public company issuses
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Shares
Debentures
Dividend
All of these
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Question # 14
Industry relates to
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Production of good
Trade
Exchange of goods
Purchasing and selling of goods
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Question # 15
Calculating machine is
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Punching machine
Calculator
Photo stat machine
stapler machine
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Question # 16
Industry is a part of
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Commerce
Trade
Business
Finance
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Question # 17
The kind of human activities are
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Three
Four
Two
Five
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Question # 18
Maximum number of partners in partnership business is
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2
20
21
10
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