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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
In Pakistan, life insurance business was nationalized in
Choose an answer
1970
1972
1973
1978
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Question # 2
Typewriter is included in
Choose an answer
Copying machines
Calculating machines
Communication machines
None of these
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Question # 3
For how much time the directors are selected in a public ltd. company
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2 years
3 years
7 years
10 years
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Question # 4
What is written on the bill of entry of goods
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Quantity and price
Value of insurance
Quality and type
None of the above
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Question # 5
Due to machines, office work due becomes:
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Easy
Difficult
Remains the same
None of these
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Question # 6
If a person gets his property insured from ti different company's then it is called
Choose an answer
Whole life insurance
Double insurance
Compensatory insurance
None of these
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Question # 7
The minimum under of persons in a listed public company
Choose an answer
Seven
Eleven
Five
Two
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Question # 8
For the poor, advisement is:
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Non-effective
Reason of happiness
Cause of financial tention and despair
Wastage of time
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Question # 9
The partnership formed for any special project is called:
Choose an answer
Limited partnership
Particular partnersip
Partnership at will
All of these
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Question # 10
What has to be bought in order to become shareholder of a company:
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Shares
Debentures
Dividend
None of these
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Question # 11
On which type of shares a company gives the profit on preferential basis
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Ordinary shares
Preference shares
Elementary shares
On all the three
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Question # 12
Advertisement develops in consumers:
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Temporary demand
Artificial demand
The demand of basic needs
No demand
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Question # 13
How many kinds of wholesaler
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3
4
5
6
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Question # 14
A wholesaler buys the goods in
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Reasonable quantity
Abundant quantity
Less quantity
Does not buy or sell
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Question # 15
The document issued by an authorized officer after counting and checking the loaded goods on ship
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Shipping order
Receipt order
Marine insurance
Bill of lading
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Question # 16
How many types of foreign trade
Choose an answer
3
4
5
6
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