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 wholesaler and retailer are called:	Middleman (agents) Merchant middlemen Broker Factor
2	The persons who sell their purchased goods are called:	Merchant middleman Middlemanagents Both (a) and (b) Factor
3	Who does transfer the goods from manufacturer to consumer:	Retailer Wholesaler MIddleman None of these
4	An agent who is responsible for the receipt of money besides selling goods:	Broker agent Delcredere agent Commissionagent Specialagent
5	An agent who sells goods only for a specific organization is called:	Common agent Travelling agent Special agent Non of these
6	The real or actual proprietor or owner of goods is:	Export agent Warehouse keeper Clearing agent Broker
7	An agent who is helpful in the sale and purchase of shares:	Clearing agent Underwriter Forwarding agent Auctioneer
8	An agent appointed for sending goods to other countries is called:	Export agnet Import agent Forwarding agent Clearing agent
9	A person who sells goods of merchant to another person is called:	Retailer Middleman Agent Wholesaler
10	The broker agent gets for his services:	Commission Profit Surplus commission Brokerage
11	The agent appointed for the sale of goods:	Broker Auctioneer Factor Underwritter
12	The agent who sells and buys goods of all kinds is called:	Commission agent Underwritter Broker Exporting agnet
13	The remuneration of an agent is called:	Wages Profit Salary Commission
14	An agentt means a person who:	Buys goods from manufacturer Buys and sells goods Renders services to other organizations Producers goods himself
15	Middlemen means those persons who:	Buy goods from the retailer Buy goods from the wholesaler Help in transferring goods from producer to consumer Buy items from manufacturer

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