Question # 1

The audit of a public limited company is

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Not necessary

Necessary on yearly basis

After every three years

After every six months

When did the partnership business come into being

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1872

1880

1892

1902

A sales remains successful in his profession if he:

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Has intension to earn profit

Has devotion of work

Does not have intension to ear profit

Tells lie more

If the importer cannot supply the details of goods to customer officials then he gives an application to them to examine the goods, this statement is called:

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Bill of sight

Bill of lading

Bill of entry

Bill of order

Choose the merits of air transport

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Fastest

Natural highway

Better service

All of above

Primary industry can be divided into two parts/types:

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Extractive, genetics

Constructive, genetics

Extractive, secondary

Constructive, manufacturing

What remains among different sections due to office

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Link/contact

Coordination

Both

None of these

Not in home trade:

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Tax saving

Foreign currency

Stability in prices

Decrease in expenditures

The objective of a statutory meeting is:

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To raise funds

To settle preferences

To win the confidence of company's shareholders

To sell the shares

Imports and exports are the kinds of

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Home trade

Foreign trade

Provincial trade

None of these

The minimum number of persons in a multi-members private company

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Seven

Four

Two

Three

A company formed according to the royal charter is

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Modaraba company

Chartered company

Statutory company

Registered company

Home trade does not include

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Producers

Wholesaler

Retailer

Importers

An agent who sells goods only for a specific organization is called

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Common agent

Travelling agent

Special agent

None of these

A retailer generally buys goods from the:

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Government

Wholesaler

Industrialist

All the above

What is necessary for the formation of chamber of commerce and industry:

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Constitution of chamber of commerce and industry

Rules and regulations of chamber of commerce and industry

Both (a) and (b)

None of these

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