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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The international trade is entirely dependent to
Choose an answer
Agricultural development
Industrial development
Means of transportation
Warehousing
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Question # 2
What is written in business letter after complimentary close:
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Signature
Saluation
Subject
Name of addressee
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Question # 3
What is written first in an official letter
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Reference no.
Heading
Subject line
None of these
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Question # 4
Whose role is important in trade
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Trader
Producer
Consumer
All the three
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Question # 5
The broker agent gets for his services:
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Commission
Profit
Surplus commission
Brokerage
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Question # 6
The truck jobers has business of:
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Electronics of furniture
Medicines
Eatables
Sports goods
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Question # 7
joint stock company is that business organization which is
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Durable
Not ended
Not durable
None of these
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Question # 8
The advertisement
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Increases money
Saves money
Is wastage of money
Decreases money
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Question # 9
Whose role is important in trade:
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Trade
Producer
Consumer
All the three
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Question # 10
Who provides capital in sole proprietorship:
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Sole owner
Bank
Workers
Relatives
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Question # 11
The persons who sell their purchased goods are called:
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Merchant middleman
Middlemanagents
Both (a) and (b)
Factor
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Question # 12
A non-active partner in a partnership
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Neither invests nor takes part in the business
Doesn't invest but takes part in the business
Invests but doesn't take part in the business
None of the above
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Question # 13
Generally vowel letters help in
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Filing
Horizontal filing
Indexing
All are wrong
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Question # 14
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:
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6 months
9months
12months
16months
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Question # 15
The international trade is entirely dependent to:
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Agricultural development
Industrialdevelopment
Means of transportation
Warehousing
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Question # 16
Not important for sole proprietorship:
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Capital
Interest of owner
Audit
Workers
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