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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The following has faster speed than hand typewriter
Choose an answer
Electric type machine
Automatic type machine
Photo state machine
None of these
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Question # 2
Export trade includes all the activities, which are performed in sending goods from one country to another country is called
Choose an answer
Import trade
Export trade
Foreign trade
None of these
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Question # 3
The chamber of commerce and industry is formed for
Choose an answer
Commerce
Trade
Industrial activities
All the above
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Question # 4
What does a company get from the prospectus
Choose an answer
Capital
Fame
Registration
All the three
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Question # 5
The basic objective of business is
Choose an answer
Exchange
Earning profit
Service to the society
Earning foreign exchange for the govt
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Question # 6
Maximum number of members in a co-operative society
Choose an answer
Ten
Twenty
Fifty
None of these
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Question # 7
The manufacturer wholesalers make their goods
Choose an answer
Themsleves
From others
Both a and b
None of the above
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Question # 8
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorporation:
Choose an answer
6 months
9 months
12 months
16 months
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Question # 9
Economic activities mean
Choose an answer
Business
Business and profession
Business, profession end employment
None of the above
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Question # 10
Messages are sent from one place to another immediately by:
Choose an answer
Personal visit
Telephone
Tele-printer
None of these
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Question # 11
By storing some items in the warehouses for a long period of time
Choose an answer
Price increases
Price decreases
price remains stable
Items perishes
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Question # 12
Not included in communication machines:
Choose an answer
Telephone
Dictation machines
Tele-printer
Folding machines
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Question # 13
A retailer buys good from following market:
Choose an answer
National / home
Local
International
All of the above
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Question # 14
Typewriter was invented in:
Choose an answer
1870
1873
1973
None of these
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Question # 15
The minimum under of persons in a listed public company
Choose an answer
Seven
Eleven
Five
Two
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Question # 16
Industry is the component of
Choose an answer
Commerce
Trade
Business
Government service
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