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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
A process of classifying and arranging records so that they can be obtained without delay is called
Choose an answer
Index
Filling
Both a and b
None of these
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Question # 2
Selling the goods in large quantity on low profit results in
Choose an answer
More profit
Less profit
Reasonable profit
No profit
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Question # 3
The time recording machine is used in
Choose an answer
Industrial concerns
Colleges
Hospitals
All are correct
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Question # 4
The number of parts in a business letter
Choose an answer
Seven
Five
Three
None of these
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Question # 5
A co-operative society is established by:
Choose an answer
Government institutions
Capitalists
Financially weak consumer
All the people
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Question # 6
How many methods of selling goods in foreign countries
Choose an answer
5
7
8
9
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Question # 7
The following has faster speed than hand typewriter
Choose an answer
Electric type machine
Automatic type machine
Photo state machine
None of these
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Question # 8
Due to office machines
Choose an answer
Saving of time and lobour
Convenience in work
Increase in efficiency
All of these
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Question # 9
The document issued by an authorized officer after counting and checking the loaded goods on ship
Choose an answer
Shipping order
Receipt order
Marine insurance
Bill of lading
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Question # 10
What is not necessary for a private company:
Choose an answer
Statutory meeting
Statutory report
Both (a) & (b)
None of these
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Question # 11
An import trader can get himself registered under
Choose an answer
Import and export control act 1950
Import and export control act 1952
Import and export control act 1975
None of these
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Question # 12
Mobile retailer is an ancient kind of:
Choose an answer
Wholesaling
Retailing
Agency
All of the above
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Question # 13
The govt. has monopoly in
Choose an answer
Railway transport
Air transport
Road transport
Water transport
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Question # 14
Private warehouses are owned by
Choose an answer
Business units
private individuals
Corporation units
None of these
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Question # 15
How many types of Modaraba
Choose an answer
2
3
4
5
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Question # 16
Human activities consist of following activities:
Choose an answer
Un-commended
Commanded
Commanded and un-commanded
None of the above
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