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 Different products are sent to final consumers through Manufacturer Trader Means of transportation Both a and b
2 What are the advantages of mean of transportation Industrial development Stability in price Expansion of market All the above
3 Which is the modern and developed means of transportation of goods and passengers Water Air Land All the above
4 Which ship travels on regular route and follows its time schedule strictly Tramp Liner Tanker None of these
5 We can transfer more goods through which means of transport Railway Truck Air plane Wagon
6 Less capital is needed for which means of transport Water Road Air All the above
7 Which is the safest and effective means of transportation Land Water Air All the above
8 The cheapest source of foreign transportation for good Train Air plane Wagon Railway
9 Which one is the fastest transport Water Air Land All the above
10 Important types of means of transport are Four Three Two Five
11 Choose the merits of air transport Fastest Natural highway Better service All of above
12 The person who gets himself insured is called Insured Proposer Insurance policy Both a and b
13 The company that insures is called Insured Acceptor Propose/ Insurer Business company
14 Insurance is an agreement in which the insurer Gives profit Gives interest Compensates loss All the above
15 What type of security does life insurance offer Individual Collective Both a and b None of a and b
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