Question # 1

Public and bonded warehouses are generally built near the

Choose an answer

Ports

markets

Industries

Residential colonies

What does happen after the exchange of goods

Choose an answer

Development of cordial relations between the countries

More chances of fight or war

Economic crises arise

Scarcity of goods

Advertisement develops in consumers:

Choose an answer

Temporary demand

Artificial demand

The demand of basic needs

No demand

The producer puts the burden of advertisement expense on

Choose an answer

Himself

Consumers

Wholesaler and retailer

Both a and b

The minimum number of partners in banking business are

Choose an answer

Ten

Twenty

Thirty

Fifty

Due to export trade:

Choose an answer

Increase in employment opportunities

Increase in foreign exchange

Relations with other countries establish

All of the above

In case of emergency, foreign trade makes the supply of goods:

Choose an answer

Easy

Difficult

Unimportant

Important

In Modaraba the person who works is called:

Choose an answer

Worker

Principal

Rab-ul-Mal

Modarib

Commerce means the activities which help in

Choose an answer

Buying and selling of goods

Transportation of goods

Transferring goods from factory to consumers

None of the above

In demi-official letter, an addressee is addressed by his:

Choose an answer

Post

Name

Surname

All are correct

At least how many partners should have a limited liability in a limited partnership:

Choose an answer

One

Two

Three

All

Types of warehouses are:

Choose an answer

Six

Seven

Three

Two

Partnership business is formed under the partnership act

Choose an answer

1910

1922

1932

1990

A company formed according to the royal charter is

Choose an answer

Modaraba company

Chartered company

Statutory company

Registered company

How many types of business finance

Choose an answer

2

3

4

5

When goods are received in home country after purchasing them from other countries is called

Choose an answer

Import trade

Export trade

Both a and b

None of these

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer