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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
For the poor, advertisement is
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Non-effective
Reason of happiness
Cause of financial tention and despair
Wastage of time
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Question # 2
For the poor, advisement is:
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Non-effective
Reason of happiness
Cause of financial tention and despair
Wastage of time
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Question # 3
An agent who is responsible for the receipt of money besides selling goods
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Broker agent
Delcredere agent
Commission agent
Special agent
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Question # 4
The following letter is written to draw the personal attention of addressee:
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Official letter
Demi-official letter
Reminder
Formal letter
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Question # 5
When both the parties are satisfied with the performance of each other then their deal comes to an end are called
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End of deal
Securing payment
Delivery of documents
Dispatching the documents
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Question # 6
Why is public not inclined towards insurance in Pakistan ?
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Due to ignorance
Due to poverty
Due to economic backwardness
All three
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Question # 7
The person who invests in a Modaraba company is called:
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Modarib
Capitalist
Rab-ul-mal
All are correct
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Question # 8
In Pakistan, a co-operative society is established under the following act:
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1920
1925
1930
1935
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Question # 9
How many qualities in a good filling system
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13
14
15
16
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Question # 10
All the section of a departmental store can be found in
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Four buildings
Two buildings
One buildings
Many buildings
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Question # 11
The company that insures is called:
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Insured
Acceptor
Proposer / Insurer
Business company
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Question # 12
Due to warehousing facility
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Demand increases
There is control on supply
Supply increases
There is control on demand
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Question # 13
Because of an organized office, business
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Expands/widens
Contracts
remains unchanged
None of these
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Question # 14
In case of cumulative preference shares, the profit if not paid for one year is
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Expired
Not expired
Included in company's capital
None of the above
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Question # 15
Public warehouse are the property of
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Government
Different persons
Factories
Private organizations
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Question # 16
Industry includes those activities which are related to
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Selling and buying of goods
Sale of goods
Preparation of goods and services
All the above
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