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 The wholesaler informs the public about his products through Letters Telephone Advertisements All the above
2 The quantity of goods in the godown of wholesaler is Reasonable More Less None
3 A wholesaler makes it easy for Retailer manufacturers Retailer and manufacturers None
4 The wholesaler sells his goods to Consumer Retailer Manufacturer All the above
5 To collective profit of wholesaler is Less More Reasonable None of the above
6 A wholesaler buys the goods in Reasonable quantity Abundant quantity Less quantity Does not buy or sell
7 How many sub-classification of proper wholesaler 4 5 6 7
8 How many kinds of wholesaler 3 4 5 6
9 Services of wholesaler many be classified in the following ______ groups Three Four Five Six
10 How many characteristics of wholesaler in text book 18 19 20 21
11 Wholesalers buy and resell merchandize to retailers and other merchants and to industrial, institutional and commercial users, and do not sell in significant amount to ultimate consumers are called Wholesale trade Retail trade Proper wholesale None of the above
12 A document having the detail of sold goods is Invoice Payment receipt Debit note Inquiry letter
13 Kinds of home trade Import & export trade Wholesaling & import trade Retail and wholesale trade All of the above
14 In home trade, the traders are related from One city Two different cities of one country Two different provinces of one country All of the above
15 Not in home trade Tax saving Foreign currency Stability in price Decrease in expenditures
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