Question # 1

The shareholders should be informed about the statutory meeting least:

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14 days before

21 days before

7 days before

None of these

The principal of contribution is ot applicable in:

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Life insurance

Marineinsurance

Valued policy

Fireinsurance

How many qualities in a good filling system

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13

14

15

16

The quantity of goods in the godown of wholesaler is:

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Reasonable

More

Less

None

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

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Retailer

Middleman

Agent

Wholesaler

Who provides the capital for co-operative society:

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Government

Members

Banks

None of these

The wholesaler creates a link between:

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Retailer and consumer

Retailer and manufacturer

Consumer and manufacturer

All the above

The international trade is entirely dependent to:

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Agricultural development

Industrialdevelopment

Means of transportation

Warehousing

The remuneration of an agent is called:

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Wages

Profit

Salary

Commission

Choose the merits of air transport

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Fastest

Natural highway

Better service

All of above

An office worker should have to his credit:

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Personal qualities

Physical qualities

Educational qualities

All of these

The agent who sells and buys goods of all kinds is called:

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Commission agent

Underwritter

Broker

Exporting agnet

Sole proprietor's is generally carried on:

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Small scale

Medium scale

Large scale

All the above

Trade is the component of:

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Commerce

Industry

Agriculture

None of these

Warehousing for government is the source of

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Income

Problem/tension

Debt

None of these

Income from business is called

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Profit

Interest

Satisfaction

Utility

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

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