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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The source of importing goods
Choose an answer
Wholesaler
Indent firm
Foreign purchase office
All the above
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Question # 2
The cheapest source of foreign transportation for goods is:
Choose an answer
Railway
Ship
Wagon
Airplane
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Question # 3
Which is the modern and developed means of transportation of goods and passengers:
Choose an answer
Water
Air
Land
All the above
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Question # 4
What is prepared by the exporter on the settlements of matters:
Choose an answer
Invoice
Consular invoice
Certificate of origin
All of these
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Question # 5
The businessman is
Choose an answer
A trader
A producer
A distributor
A trader, producer and distributor
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Question # 6
The minimum number of persons in a multimembers private company:
Choose an answer
Seven
Four
Two
Three
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Question # 7
The machine of opening letters in business centers is called:
Choose an answer
Mail opener
Foldingmachine
Punchingmachine
All are correct
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Question # 8
When did the partnership business come into being
Choose an answer
1872
1880
1892
1902
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Question # 9
Limited partnership is formed under Limited Partnership Act:
Choose an answer
1997
2007
2010
2017
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Question # 10
Partnership business is formed under the Partnership Act:
Choose an answer
1910
1922
1932
1990
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Question # 11
The wholesaler gives order to manufactures
Choose an answer
In advance
On spot
According to need
None of the above
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Question # 12
Commerce means the activities which help in:
Choose an answer
Buying and selling of goods
Transportation of goods
Transferring goods from factory to consumers
None of the above
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Question # 13
The government issued Modaraba ordinance in:
Choose an answer
January 1980
January 1981
January 1979
January 1984
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Question # 14
Human activities consist of following activities
Choose an answer
Un-commanded
Commanded
Commanded and un-commanded
None of the above
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Question # 15
The performance of an office depends upon:
Choose an answer
Principal
Workers
Office machines
Office management
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