Question # 1

Attainment of common objectives under the guidance of the leader of organization is possible through

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Office

Office organization

Workers

Customers

Two types of industry

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Constructive, genetics

Extractive, genetics

Primary, secondary

Constructive, manufacturing

Exact copy of letter of document can be taken from

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Photo state machine

Automatic type machine

Electric type machine

Type writer

The partners who participate in the business but people don't know them are:

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Silent partners

Non active partners

Nominal partners

Active partner

In Pakistan, Joint stock company is formed under:

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The Act of 1978

The Act of 1982

The Act of 1984

The Act of 1990

Which factor plays an important role in improving the standard of living of the people and economic development:

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Trade

Industry

Commerce

All the above

A shopkeeper who buys goods in a less quantity and sells it to consumer is called

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Wholesaler

Retailer

Producer

Agent

The small retailers work:

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At one place

In streets

One medium scale

On large scale

Who provides the capital for co-operative society:

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Government

Members

Banks

None of these

A government company can be registered as:

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Private company

Public company

No need of registration

First two are correct

The members of chamber of commerce and industry can be:

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Local persons

Foreign persons

Both

None of these

A consumer has a direct link with:

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Retailer

Wholesaler

Industrialist

Agent

How many kinds of wholesaler

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3

4

5

6

If the trader does not want to get the goods himself, he issues to the officials:

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Bill of entry

Bill of sight

Delivery order

Bill of lading

Maximum number of shareholders in a multi-members private company:

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Ten

Fifty

No limited

Twenty

Industry is the component of

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Commerce

Trade

Business

Government service

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

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