Question # 1

What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:

Choose an answer

6 months

9months

12months

16months

Imports and exports are the kinds of:

Choose an answer

Home trade

Foreign trade

Provincial trade

None of these

The quantity of goods sold to consumers in a departmental store is

Choose an answer

Reasonable

More

Small

All of the above

Kinds of letters are

Choose an answer

Two

Three

Four

None of these

An office worker should have to his credit:

Choose an answer

Personal qualities

Physical qualities

Educational qualities

All of these

A sole proprietor may expand his business by

Choose an answer

Employing more persons

Having a new shareholder

Both a and b

Having more shareholders

The members of chamber of commerce and industry can be:

Choose an answer

Local persons

Foreign persons

Both

None of these

Due to advertisement, the sale of goods:

Choose an answer

Decreases

Increases

Remains same

Both (a) and (b) are possible

The persons who sell their purchased goods are called:

Choose an answer

Merchant middleman

Middlemanagents

Both (a) and (b)

Factor

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

Types of accidental in insurance are

Choose an answer

Four

Two

Three

One

Two types of industry:

Choose an answer

Constructive, genetics

Extractive, genetics

Primary, secondary

Constructive, manufacturing

If the price of goods includes the expense till custom duty, it is called:

Choose an answer

Duty paid

Custom paid

Inbond

None of these

This department is responsible for purchasing goods and other items are called

Choose an answer

Purchase department

Sales department

Advertising department

Correspondence department

The success of tradership is dependent to:

Choose an answer

The administration

The capability of the manger

The capability of sole trader

The cooperation of friends

The wholesaler creates a link between:

Choose an answer

Retailer and consumer

Retailer and manufacturer

Consumer and manufacturer

All the above

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