Question # 1

State the procedure or steps of exporting goods are

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Obtaining and acceptance of indent

Registration

Obtaining license

All of these

The number of parts in a business letter:

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Seven

Five

Three

None of these

Kinds of home trade

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Two

Three

Four

Five

Number of chamber of commerce and industry in the sub-continent before independence

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55

60

65

56

The departmental stores are generally found

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Outside the city

In important centers of the city

In center of the city

In all areas

Which company can issue the shares to public

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Chartered company

Public ltd. company

Private company

All the above

For the poor, advertisement is

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Non-effective

Reason of happiness

Cause of financial tention and despair

Wastage of time

If the trader does not want to get the goods himself, he issues to the officials

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Bill of entry

Bill of sight

Delivery order

Bill of lading

The audit of a public limited company is

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Not necessary

Necessary on yearly basis

After every three years

After every six months

Selling the goods in large quantity on low profit results in

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More profit

Less profit

Reasonable profit

No profit

Which insurance policy can be used as a security:

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Marine insurance

Fire insurance

Lifeinsurance

All the three

A wholesaler buys the goods in

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Reasonable quantity

Abundant quantity

Less quantity

Does not buy or sell

Who has the authority of nominating members in the committee of chamber of commerce & industry

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Government

Public

Businessmen

Workers

The maximum number of person in a public limited company:

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Thirty five

Fifty

Unlimited

Twenty

How many kinds of wholesaler

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3

4

5

6

The small retailers sell their goods

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On credit

On cash

On cash to rich and no credit to poor

All of the above

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

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