Principle of Commerce Icom Part 1 English Medium Online Test With Answers

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Principle of Commerce Icom Part 1 English Medium Online Test

Sr. # Questions Answers Choice
1 Mobile retailer is an ancient kind of: Wholesaling Retailing Agency All of the above
2 At cut price shop, the things are always sold: On cash On credit Both cash and credit In exchange of things
3 A departmental store is the developed form of: Retailers Wholesalers Industrialists Co-operative society
4 The departmental store are generally found: Outside the city In important centers of the city In center of the city In all areas
5 The capital needed for a departmental store is: Less More Mechanical None of the above
6 The goods are sold in a chain store at: One price Different prices Fixed price All the above
7 A consumer has a direct link with: Retailer Wholesaler Industrialist Agent
8 A retailer generally buys goods from the: Government Wholesaler Industrialist All the above
9 A shopkeeper who buys goods in a less quantity and sells it to consumer is called: Wholesaler Retailer Producer Agent
10 The quantity of advertisements in a departmental store: More Less Reasonable None
11 The quantity of goods sold to consumers in a departmental store is: Reasonable More Small All of the above
12 All the sections of a departmental store can be found in: Four buildings Two buildings One buildings Many buildings
13 The small retailers work: At one place In streets One medium scale On large scale
14 The expenses of mall retailers are: Less Normal More None
15 The small retailers sell their goods: On credit On cash On cash to rich and on credit to poor All of the above
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