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 Business finance can be divided into following parts according to term Four Two Three Six
2 Modaraba is established for a Limited period Unlimited period Both a and b None of the above
3 In Modaraba Two persons invent money Both persons invest money and labour One person invests money and the other invests labour and experience All of the above
4 Short term financing helps in meeting the Seasonal requirements of business Emergency expenses Both a and b None of these
5 Factor are the Customers of business Servants of business Debtors of business Person who take responsibility of receiving money from debtors
6 The government issued Modaraba ordinance on January 1980 January 1981 January 1979 January 1984
7 Musharika is based on Islamic Concept of interest Concept of non-interest Both included None of both
8 The rate o interest in long term finance is Less Non More All the above
9 How many types of Modaraba 2 3 4 5
10 How many types of business finance 2 3 4 5
11 How many sources of business finance 2 3 4 5
12 Due to advertisement Number of customer increases Number of customer reduces Number of customer remains the same The old customers leave
13 One to advertisement, the sale of goods Decreases Increases Remains same Both a and b are possible
14 To increase business, small packets of goods are and distributed among the people at Less price Free of cost Original price More profit
15 Advertisement means Production of goods Sale of goods Introduction of new goods Spoilage of goods
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