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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
In horizontal filing, files are kept:
Choose an answer
In flat or horizontal position
In vertical position
Fixed with ribbon on cardboard
None of these
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Question # 2
Sole proprietor's is generally carried on:
Choose an answer
Small scale
Medium scale
Large scale
All the above
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Question # 3
Why does issue the certificate of origin for exporting goods
Choose an answer
Chamber members
Town association
Chamber of commerce and industry
Associate members
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Question # 4
In home trade, the traders are related from:
Choose an answer
One city
Two different cities of one country
Two different provinces of one country
All of the above
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Question # 5
State the procedure or steps of exporting goods are
Choose an answer
Obtaining and acceptance of indent
Registration
Obtaining license
All of these
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Question # 6
Due to advertisement, the sale of goods:
Choose an answer
Decreases
Increases
Remains same
Both (a) and (b) are possible
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Question # 7
Due to machines, office work due becomes
Choose an answer
Easy
Difficult
Remains the same
None of these
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Question # 8
Which company requires a certificate of commencement:
Choose an answer
Public Company
Private Company
Chartered Company
All the above
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Question # 9
The partners who participate in the business but people don't know them are:
Choose an answer
Silent partners
Non active partners
Nominal partners
Active partner
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Question # 10
Commerce and business
Choose an answer
The scope of business is wider than commerce
The scope of commerce is wider than business
Both have the same scope
Both have a wider scope than each other
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Question # 11
Primary industry can be divided into two parts
Choose an answer
Extractive, genetics
Constructive, genetics
Extractive, secondary
Construcive, manufacturing
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Question # 12
If any business organization is considered as a body, then office is its:
Choose an answer
Capital
Heart
Brain
None of these
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Question # 13
Which warehouses are the private property of business centers
Choose an answer
Government
Private
Bonded
None of these
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Question # 14
Who can be a director of a company:
Choose an answer
Immature / Minor
Artificial person
Representative of the creditor
Insolvent person
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Question # 15
One to advertisement, the sale of goods
Choose an answer
Decreases
Increases
Remains same
Both a and b are possible
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Question # 16
Partnership deed can be:
Choose an answer
Written
Oral
Written & Registered
All are correct
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