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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The person to whom the letter is written is:
Choose an answer
Addressee
Attention line
Truly
None of these
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Question # 2
For how much time the directors are selected in a public ltd. company
Choose an answer
2 years
3 years
7 years
10 years
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Question # 3
Whose role is important in trade
Choose an answer
Trader
Producer
Consumer
All the three
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Question # 4
A person who sells goods of merchant to another person is called
Choose an answer
Retailer
Middleman
Agent
Wholesaler
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Question # 5
Name the of kinds of filing
Choose an answer
Central and horizontal filing
Central and departmental filing
Horizontal and vertical filing
Central and vertical filing
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Question # 6
The number of parts in a business letter:
Choose an answer
Seven
Five
Three
None of these
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Question # 7
The following letter is written to draw the personal attention of addressee
Choose an answer
Official letter
Demi-official letter
Reminder
Formal letter
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Question # 8
The exporter gets the certificate of origin from
Choose an answer
Chamber of commerce
Custom officials
Importing bank
Exporting bank
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Question # 9
Home trade does not include
Choose an answer
Producers
Wholesaler
Retailer
Importers
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Question # 10
Due to advertisement, the unemployment
Choose an answer
Lessens
Increases
Remains un-effected
Ends or disappears
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Question # 11
The important source of sending a voice message is:
Choose an answer
Television
Radio
Video cassette
None of these
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Question # 12
A non-active partner in a partnership:
Choose an answer
Neither invests nor takes part in the business
Doesn't invest buttakes part in the business
Invests but doesn'ttake part in the business
None of the above
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Question # 13
Why is public not include towards insurance in Pakistan?
Choose an answer
Due to ignorance
Due to poverty
Due to economics backwardness
All three
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Question # 14
In Pakistan, Joint stock company is formed under
Choose an answer
The ordinance of 1978
The ordinance of 1982
The ordinance of 1984
The ordinance of 1990
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Question # 15
An ordinary resolution is passed for:
Choose an answer
Winding up of company
Section of statutory company
Not announcing the dividend
All of them
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Question # 16
The quantity of goods sold to consumers in a departmental store is
Choose an answer
Reasonable
More
Small
All of the above
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