Question # 1

The goods are sold in a chain store at

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One price

Different prices

Fixed price

All the above

Choose the correct important departments in an office

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Purchase department

Sales department

Advertising department

All the above

After the formation of a company, the first meeting of shareholder is called:

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

The advertisement

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Increases money

Saves money

Is wastage of money

Decreases money

What is written first in an official letter

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Reference no.

Heading

Subject line

None of these

What is prepared after sending the goods

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Bill of lading

Invoice

Receipt of mate

All of these

How many types of copying machines

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3

4

5

6

The sole tradership is a business organization of

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Modern times

Old times

A combination of (a) and (b)

All the above

A charter party is:

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A contract to reserve a ship for carrying goods

Application for opening the letter of credit

Letter of indemnity

All the three

The salutation and complimentary close are not used in

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Private letters

Reminder

Govt. memo

None of these

The govt. has monopoly in:

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Railway transport

Airtransport

Roadtransport

Watertransport

Commerce is related to:

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Distribution of goods

Sale of goods

Purchase of goods

All the above

Method of preserving papers:

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Indexing

Filing

Storage

All are correct

Different products are sent to final consumers through:

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Manufacturer

Trader

Means of transportation

Both (a) and (b)

Which organization can be listed at stock exchange:

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Partnership

Joint Sock Company

Sole proprietorship

All the above

How many kinds of wholesaler

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3

4

5

6

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

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