Question # 1

Short term financing helps in meeting the

Choose an answer

Seasonal requirements of business

Emergency expenses

Both a and b

None of these

Primary industry can be divided into two parts

Choose an answer

Extractive, genetics

Constructive, genetics

Extractive, secondary

Construcive, manufacturing

Group insurance is popular among:

Choose an answer

Unemployed people

Employees of business organizations

House wives

All the above

Relation of the owner/principal with the workers and consumers in sole proprietorship are:

Choose an answer

Not developed

Direct

Indirect

Not good (worst)

Commerce is related to:

Choose an answer

Distribution of goods

Sale of goods

Purchase of goods

All the above

A person who sells goods of merchant to another person is called

Choose an answer

Retailer

Middleman

Agent

Wholesaler

A person who deals in ready made items is

Choose an answer

Manufacturer

Worker

Trader

Distributor

Due to means of transportation, the production of goods is possible on

Choose an answer

Large scale

Small scale

Middle scale

None of these

How many types to indexing

Choose an answer

2

3

4

5

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

The first chamber of commerce in Britain was established in:

Choose an answer

1773

1768

1789

1772

A joint stock company has the following characteristic:

Choose an answer

Delayed decisions

Payment of double tax

Limited liability of shareholders

All of the above

What are the possibilities to wind up a company:

Choose an answer

Voluntary winding up

Voluntary winding up under the supervision of court

Violent winding up by the court

All of them

Advertisement means

Choose an answer

Production of goods

Sale of goods

Introduction of new goods

Spoilage of goods

The real or actual proprietor or owner of goods is

Choose an answer

Agent

Principal

Both a and b

None of these

The time period of rural insurance policy is:

Choose an answer

15 - 20 years

10 - 15years

20 - 25years

More than 25 years

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer