11th Class ICom Part 1 Principles of Commerce Chapter Wise Online MCQ Test with answers PDF English Medium

Principle of Commerce Icom Part 1 English Medium Online Test

Sr. #	Questions	Answers Choice
1	Due to progress in home trade, the following problem is solved	Water Unemployment Illiteracy All of the above
2	There is an increase in following production because of home trade	Foreign National Regional Domestic
3	Because of home trade, the goods are traded in	Half of the country Whole country One province Foreign country
4	Whose role is important in trade	Trader Producer Consumer All the three
5	Home trade does not include	Producers Wholesaler Retailer Importers
6	Kinds of home trade	Two Three Four Five
7	How many problem in home trade	7 8 9 10
8	How many advantages of home trade in text book	20 21 22 23
9	How many types of foreign trade	3 4 5 6
10	How many characteristics of home trade in our book	10 11 12 13
11	Trade is an activity of buying ans selling of goods for money or other goods are called	Trade Home trade Foreign trade None of the above
12	The liability of shareholders in co-operative society	Limited Unlimited Both a and b None
13	Who cannot be a member of co-operative society	Govt. Servant Illiterate person Minor person None of these
14	If a co-operative society is working in more than one province, then it is registered under act of	1925 1932 1913 1942
15	The management committee of society is elected by	Shareholders Government The will of one person All are correct