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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The word index is derived from which language:
Choose an answer
Greek
Latin
French
Japanese
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Question # 2
What is written first in an official letter:
Choose an answer
Reference no.
Heading
Subject line
None of these
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Question # 3
On the death of the insured, sum is paid to:
Choose an answer
Friends
Dependents
Relatives
Insurer
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Question # 4
A shopkeeper who buys goods in a less quantity and sells it to consumer is called:
Choose an answer
Wholesaler
Retailer
Producer
Agent
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Question # 5
Group insurance is popular among
Choose an answer
Unemployed people
Employed of business organizations
House wives
All the above
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Question # 6
In Pakistan, a co-operative society is established under the following act:
Choose an answer
1920
1925
1930
1935
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Question # 7
A unit where relevant records for the purpose of central planning and efficient management of the organization are prepared, handled and preserves are called
Choose an answer
Office
Chamber
Both a and b
None of these
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Question # 8
The language of official letter is generally
Choose an answer
Typical
Definite
Both
Courteous
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Question # 9
Commerce is the component of:
Choose an answer
Industry
Trade
Business
Government service
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Question # 10
How many types of copying machines
Choose an answer
3
4
5
6
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Question # 11
The departmental stores are generally found
Choose an answer
Outside the city
In important centers of the city
In center of the city
In all areas
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Question # 12
The expenses for the formation of sole tradership are
Choose an answer
Less
More
Almost none
Not at all
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Question # 13
The following is used for posting through posting machine
Choose an answer
Debit card
Credit card
Larger card
None of these
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Question # 14
The number of important and unimportant parts of a business letter can be:
Choose an answer
Ten
Fourteen
Seven
None of these
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Question # 15
What is prepared after sending the goods:
Choose an answer
Bill of lading
Invoice
Receipt of mate
All of these
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Question # 16
An agent who is responsible for the receipt of money besides selling goods
Choose an answer
Broker agent
Delcredere agent
Commission agent
Special agent
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