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	Due to progress in home trade, the following problem is solved:	Water Unemployment Illitracy All of the above
2	There is an increase in following production because of home trade:	Foreign National Regional Domestic
3	Because of home trade, the goods are traded in:	Half of the country Whole country One province Foreign country
4	Whose role is important in trade:	Trade Producer Consumer All the three
5	Home trade does not include:	Producers Wholesaler Retailer Importers
6	Kinds of home trade:	Two Four Three None
7	The shares of co-operative society:	Can be sold market Cannot be solid in market Can be used as security All are correct
8	The liability of members in co-operative society is generally:	Limited Unlimited Both (a) and (b) None
9	Who cannot be a member of co-operative socity:	Govt. Servant Illietrate person Minor person None of these
10	If a co-operative society is working in more than one province, then it is registered under the Act of:	1925 1932 1913 1942
11	The management committee of society is elected by:	Members Government the will of one person All the correct
12	The shares of a co-operative society can be transferred:	At any time After 6 months After 1 year All are wrong
13	Maximum number of members in a co-operative society:	Ten Twenty Fifty None of these
14	The price of the share of society is:	Equal to the face price Above the face price Less than the face price All the above
15	What is excluded from a co-operative society:	Consumer Retailer Wholesaler Capitalist

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