More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
If goods are bought from another country for exporting, it is called
Choose an answer
Export trade
Import trade
Entrepot trade
None of these
Previous
Skip
Next
Question # 2
How many important terms of import trade
Choose an answer
18
19
20
21
Previous
Skip
Next
Question # 3
What is prepared by the exporter on the settlements of matters:
Choose an answer
Invoice
Consular invoice
Certificate of origin
All of these
Previous
Skip
Next
Question # 4
The shares of co-operative society:
Choose an answer
Can be sold market
Cannot be solid in market
Can be used as security
All are correct
Previous
Skip
Next
Question # 5
Why is public not inclined towards insurance in Pakistan ?
Choose an answer
Due to ignorance
Due to poverty
Due to economic backwardness
All three
Previous
Skip
Next
Question # 6
In order to wind up the sole tradership:
Choose an answer
The acceptance of the government is sought
No legal process is required
The meeting of administration is required
The will of the friends is required
Previous
Skip
Next
Question # 7
An official letter should be:
Choose an answer
Concise
Suitable
Long
None of these
Previous
Skip
Next
Question # 8
The life of sole tradership is
Choose an answer
Long
Short
Defined/fixed
Both long and short
Previous
Skip
Next
Question # 9
The rate of interest in long tern finance to:
Choose an answer
Less
None
More
All the above
Previous
Skip
Next
Question # 10
Two types of industry:
Choose an answer
Constructive, genetics
Extractive, genetics
Primary, secondary
Constructive, manufacturing
Previous
Skip
Next
Question # 11
The reference number is written after writing the heading is the letter.
Choose an answer
On left side
On right side
In the end
None of these
Previous
Skip
Next
Question # 12
The following letter is written to draw the personal attention of addressee
Choose an answer
Official letter
Demi-official letter
Reminder
Formal letter
Previous
Skip
Next
Question # 13
In order to determine the size of a business we consider
Choose an answer
The availability of the capital
The demand of the goods
The capacity of production
All the above
Previous
Skip
Next
Question # 14
The govt. has monopoly in:
Choose an answer
Railway transport
Airtransport
Roadtransport
Watertransport
Previous
Skip
Next
Question # 15
The advertisement:
Choose an answer
Increases money
Saves money
Is wastage of money
Decreases money
Previous
Skip
Next
Question # 16
Choose the characteristics of a good filling system
Choose an answer
Accessibility
Safety
Time saving
All of above
Previous
Skip
Next
Back