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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
What does a company get from the prospectus:
Choose an answer
Capital
Fame
Registration
All the three
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Question # 2
The members of chamber of commerce and industry can be
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Local persons
Foreign persons
Both
None of these
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Question # 3
Selling the goods in large quantity on low profile results in:
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More profit
Less profit
Reasonable profit
No profit
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Question # 4
Name the of kinds of filing
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Central and horizontal filing
Central and departmental filing
Horizontal and vertical filing
Central and vertical filing
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Question # 5
Kinds of horizontal filing:
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Arch and geographical
Wireand geographical
Arch and wire
Geographical and vertical
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Question # 6
A co-operative society is established by
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Government institutions
Capitalist
Financially weak consumer
All the people
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Question # 7
Advertisement develops in consumers
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Temporary demand
Artificial demand
The demand of basic needs
No demand
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Question # 8
Methods of filing
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Horizontal and vertical
Arch and horizontal
Arch and vertical
None of these
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Question # 9
The time period of rural insurance policy is:
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15 - 20 years
10 - 15years
20 - 25years
More than 25 years
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Question # 10
Types of warehouses are:
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Six
Seven
Three
Two
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Question # 11
If any business organization is considered as a body, then office is its:
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Capital
Heart
Brain
None of these
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Question # 12
According to work, the main types of machines:
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Two
Three
Four
Five
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Question # 13
Personal letters are divided into:
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Two
Five
Seven
Nine
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Question # 14
The quantity of advertisements in a departmental store is
Choose an answer
More
Less
Reasonable
None
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Question # 15
An ordinary resolution is passed for
Choose an answer
Winding up of company
Section of statutory company
Not announcing the dividend
All of them
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Question # 16
In sole tradership:
Choose an answer
The government provides finance
Only the trader provides finance
Many people collectively provide finance
The relatives provide finance
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