Question # 1

The sole tradership is a business organization:

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Modern times

Olden times

A combination of (a) and (b)

All the above

Types of accidental insurance are:

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Four

Two

Three

One

Human activities consist of following activities

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Un-commanded

Commanded

Commanded and un-commanded

None of the above

The notice of special resolution must be given to the members

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21 days before

37 days before

33 days before

14 days before

Due to means of transportation, the production of goods is possible on

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Large scale

Small scale

Middle scale

None of these

Relation of the owner/principal with the workers and consumers in sole proprietorship are:

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Not developed

Direct

Indirect

Not good (worst)

The word index is derived from which language

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Greek

Latin

French

Japnese

The govt. has monopoly in:

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Railway transport

Airtransport

Roadtransport

Watertransport

Two types of industry

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Constructive, genetics

Extractive, genetics

Primary, secondary

Constructive, manufacturing

The agent who receives goods on the port instead of the owner

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Export agent

Warehouse keeper

Clearing agent

Broker

A unit where relevant records for the purpose of central planning and efficient management of the organization are prepared, handled and preserves are called

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Office

Chamber

Both a and b

None of these

Typewriter was invented in

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1870

1873

1973

None of these

A word "private" is not used by:

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A statutory company

A public company

A chartered company

All the above

What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:

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6 months

9months

12months

16months

Due to means of transportation, the production of goods is possible on:

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Large scale

Small Scale

Middle Scale

None of these

The decisions of sole trade ship depend on:

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The will of friends

The will of sole-trader

The will of government

The will of relatives

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Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers

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