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 Before selling, fruits are kept in Home Factory Godown Office
2 Private warehouses are owned by Business units private individuals Corporation units None of these
3 Warehousing for government is the source of Income Problem/tension Debt None of these
4 Which warehouses are the private property of business centers Government Private Bonded None of these
5 Public warehouse are the property of Government Different persons Factories Private organizations
6 Types of warehouses are Six Seven Three Two
7 Choose the function of warehouse Stability in price Sampling Risk bearing All the above
8 How many function of warehouse 9 10 11 12
9 Choose the characteristics of warehouse Proper space Proper location Transport facility All the above
10 How many characteristics of warehouse 6 7 2 9
11 Choose the importance of warehousing Seasonal production Seasonal demand Processing All the above
12 Not suitable for huge size and heavy goods Air transport Railway transport Road transport Water transport
13 The govt. has monopoly in Railway transport Air transport Road transport Water transport
14 Due to means of transportation, the production of goods is possible on Large scale Small scale Middle scale None of these
15 The international trade is entirely dependent to Agricultural development Industrial development Means of transportation Warehousing
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