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	What does a company issue to get loan from the public:	Shares Debentures Dividend All of these
2	On which type of shares a company gives the profit on preferential basis:	Ordinary shares Preference shares Elementary shares On all the three
3	What has to be bought in order to become shareholder of a company:	Shares Debentures Dividend None of these
4	The memorandum and articles of company are:	Two names of the same document Two different documents They are not documents Both have the same objective
5	A company formed by the royal order is:	Modarba company Chartered company Statutory company Registered company
6	Which company can issue the shares to public:	Chartered company Public ltd. company Private company All the above
7	The memorandum of company is prepared by:	Specialist Promoters Experts All the above
8	In case of cumulative preference shares, the profit if not paid for one year is:	Expired Not Expired Included in company's capital None of the above
9	A public ltd. company is included in the list of:	<div>Business center</div> Custom authorities Stock exchange Chamber of commerce
10	The person who provide finance / capital to company are known as:	Directors Promoters Shareholders None of these
11	Which organization can be listed at stock exchange:	Partnership Joint Sock Company Sole proprietorship All the above
12	A joint stock company has the following characteristic:	Delayed decisions Payment of double tax Limited liability of shareholders All of the above
13	The shares of a joint stock company are:	Transferable Not for common person Of high value All are correct
14	Maximum number of shareholders in a multi-members private company:	Ten Fifty No limited Twenty
15	Joint stock company is that business organizations which is:	Durable Not ended Not durable None of these

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