11th Class ICom Part 1 Principles of Commerce Chapter Wise Online MCQ Test with answers PDF English Medium

Principle of Commerce Icom Part 1 English Medium Online Test

Sr. #	Questions	Answers Choice
1	The time period of short time finance is:	Two years More than one year One and half year One or less than one year
2	Business finance can be divided into following parts according to term:	Four Two Three Six
3	Modaraba is established for a:	Limited period Unlimited period Both (a) and (b) <div>None of the above</div>
4	In Modaraba:	Two persons invest money Both persons invest money and labour One person invests money and the other invests labour and expenses All of the above
5	Short term financing helps in meeting the:	Seasonal requirements of business Emergency expenses Both (a) and (b) None of these
6	Factor are the:	Customers of business Servants of business Debtors of business Persons who take responsibility of receiving money from debtors
7	The government issued Modaraba ordinance in:	January 1980 January 1981 January 1979 January 1984
8	Musharika is based on islamic:	Concept of interest Concept of non-interest Both include None of both
9	The rate of interest in long tern finance to:	Less None More All the above
10	Objective of the advertisement is to:	Recruit old customers Retain new customers Both (a) and (b) None of these
11	Due to advertisement:	Number of customer increases Number of customer reduces Number of customer remains the same The old customers leave
12	Due to advertisement, the sale of goods:	Decreases Increases Remains same Both (a) and (b) are possible
13	To increase business, small packets of goods are and distributed among the people at:	Less price Free of cost Original price More profit
14	Advertisement means:	Production of goods Sale of goods Introduction of goods / products Spoilage of goods
15	Advertisement develops in consumers:	Temporary demand Artificial demand The demand of basic needs No demand

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