Question # 1

Choose the merits of air transport

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Fastest

Natural highway

Better service

All of above

Due to office machines

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Saving of time and lobour

Convenience in work

Increase in efficiency

All of these

The person to whom the letter is written is

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Addressee

Attention line

Truly

None of these

What are the advantages of mean of transportation

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Industrial development

Stability in price

Expansion of market

All the above

Middlemen means those persons who:

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Buy goods from the retailer

Buy goods from the wholesaler

Help in transferring goods from producer to consumer

Buy items from manufacturer

The memorandum of company is prepared by

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Registrar

The promoters

The experts

The employees

The minimum number of partnership in a partnership are

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Two

Four

Six

Ten

In order to wind up the sole tradership

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The acceptance of the government is sought

No legal process is required

The meeting of administration is

The will of the friends is required

What are the capital sources of co-operative society:

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Fee of members

By selling shares to members

Both (a) and (b)

National and international institutions

Creates link between the manufacturer and consumer:

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Retailers

Wholesalers

Agents

Middlemen

If any partner is not in a position to compensate the business loss called:

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Retired partner

Active partner

Weak partner

Insolvent partner

Amount spent on advertisement is

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Heavy

Less

Reasonable

Nil

In Modaraba

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Two persons invent money

Both persons invest money and labour

One person invests money and the other invests labour and experience

All of the above

Which documents are prepared by the exporter after the settlement of affairs are

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Invoice

Consular invoice

Certificate of origin

All of them

The minimum number of members in a co-operative society:

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Two

Five

Twenty

Thirty

State the procedure or steps of exporting goods are

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Obtaining and acceptance of indent

Registration

Obtaining license

All of these

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