Question # 1

Methods of filing

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Horizontal and vertical

Arch and horizontal

Arch and vertical

None of these

What are the possibilities to wind up a company:

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Voluntary winding up

Voluntary winding up under the supervision of court

Violent winding up by the court

All of them

Co-operative society started in

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1840

1844

1845

1850

At least how many partners should have a limited liability in a limited partnership:

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One

Two

Three

All

A salesman remains successful in his perfession if he

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Has intension to earn profit

Has devotion of work

Does not have intension to earn profit

Tells lie more

Partnership business is formed under the Partnership Act:

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1910

1922

1932

1990

What does a company get from the prospectus

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Capital

Fame

Registration

All the three

Which is the safest and effective means of transportation:

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Land

Water

Air

All the above

An ordinary resolution is passed for:

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Winding up of company

Section of statutory company

Not announcing the dividend

All of them

The basic objective of business is

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Exchange

Earning profit

Service to the society

Earning foreign exchange for the govt

Public warehouse are the property of

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Government

Different persons

Factories

Private organizations

What does a company get from the prospectus:

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Capital

Fame

Registration

All the three

The minimum number of partners in a partnership are:

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Two

Four

Six

Ten

The letters sent for personal or domestic matters are called:

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Formal letters

Routine letters

Personalletters

None of these

How many kinds of wholesaler

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3

4

5

6

In the absence of agreement, a partner receives for taking part in business:

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Remuneration

No remuneration

More Profit

Interest

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

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