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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
A departmental store is the developed form of:
Choose an answer
Retailers
Wholesalers
Industrialists
Co-operative society
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Question # 2
Exact copy of letter of document can be taken from
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Photo state machine
Automatic type machine
Electric type machine
Type writer
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Question # 3
The wholesaler gives order to manufactures
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In advance
On spot
According to need
None of the above
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Question # 4
Kinds of letters are
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Two
Three
Four
None of these
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Question # 5
The first part of a business letter is:
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Reference no.
Heading
Subject line
None of these
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Question # 6
A person who sells goods of merchant to another person is called:
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Retailer
Middleman
Agent
Wholesaler
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Question # 7
An agent who is helpful in the sale and purchase of shares
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Clearing agent
Underwriter
Forwarding agent
Auctioneer
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Question # 8
The performance of an office depends upon
Choose an answer
Principle
Workers
Office machines
Office management
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Question # 9
Musharika is based on Islamic
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Concept of interest
Concept of non-interest
Both included
None of both
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Question # 10
How many types of an indents
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2
3
4
5
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Question # 11
The indent is also called
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marine insurance policy
Inquiry letter
Bill of lading
None of these
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Question # 12
Number of chamber of commerce and industry in the sub-continent before independence
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55
60
65
56
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Question # 13
Types of warehouses are:
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Six
Seven
Three
Two
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Question # 14
A manufacturer wholesalers make their goods:
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Themselves
From others
Both (a) and (b)
None of the above
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Question # 15
Kinds of filing are:
Choose an answer
Two
Three
Four
One
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Question # 16
Sole proprietor's is generally carried on
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Small scale
Medium scale
Large scale
All these are wrong
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