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

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Principle of Commerce Icom Part 1 English Medium Online Test

Sr. # Questions Answers Choice
1 The chamber of commerce and industry is formed for Commerce Trade Industrial activities All the above
2 Who has the authority of nominating members in the committee of chamber of commerce & industry Government Public Businessmen Workers
3 Types of members of chamber of commerce and industry are Four Five Three Two
4 The first chamber of commerce was established in America in 1768 1773 1930 1980
5 What is necessary for the formation of chamber of commerce and industry Constitution of chamber of commerce and industry Rules and regulation of chamber of commerce and industry Both a and b None of these
6 The first chamber of commerce in Britain was established in 1773 1768 1789 1772
7 The members of chamber of commerce and industry can be Local persons Foreign persons Both None of these
8 The membership of chamber is given to Large industrial and commercial associations Medium industrial and commercial associations Small industrial and commercial associations All the above
9 Choose the members of chamber Chamber members Associate members Group members All of the above
10 How many function of chamber 17 18 19 20
11 Choose the function of chamber Promotion of trade and commerce Trade restrictions Latest information All of above
12 Public and bonded warehouses are generally built near the Ports markets Industries Residential colonies
13 The receipt of public and bonded warehouses is used as Security Business Liability None of these
14 Due to warehousing facility Demand increases There is control on supply Supply increases There is control on demand
15 By storing some items in the warehouses for a long period of time Price increases Price decreases price remains stable Items perishes
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