More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Due to advertisement:
Choose an answer
Number of customer increases
Number of customer reduces
Number of customer remains the same
The old customers leave
Previous
Skip
Next
Question # 2
Small and medium scale industrial and trade centers are given the name of:
Choose an answer
Group members
Chamber members
Associate members
None of these
Previous
Skip
Next
Question # 3
Co-operative society is established under the following act:
Choose an answer
1920
1925
1930
1935
Previous
Skip
Next
Question # 4
A non-active partner in a partnership:
Choose an answer
Neither invests nor takes part in the business
Doesn't invest buttakes part in the business
Invests but doesn'ttake part in the business
None of the above
Previous
Skip
Next
Question # 5
The owner of a company are
Choose an answer
The employees of company
The debentureholders
The shareholders
The creditors
Previous
Skip
Next
Question # 6
What are the advantages of mean of transportation
Choose an answer
Industrial development
Stability in price
Expansion of market
All the above
Previous
Skip
Next
Question # 7
Because of an organized office, business
Choose an answer
Expands/widens
Contracts
remains unchanged
None of these
Previous
Skip
Next
Question # 8
The bill of trading reveals the:
Choose an answer
Legal ownership of goods
Price of goods
Government ownership of goods
None of the above
Previous
Skip
Next
Question # 9
The persons who mange the affairs of company are called:
Choose an answer
The shareholders
The debentureholders
The promotors
The directors
Previous
Skip
Next
Question # 10
Advertisement means
Choose an answer
Production of goods
Sale of goods
Introduction of new goods
Spoilage of goods
Previous
Skip
Next
Question # 11
In Pakistan, life insurance business was nationalized in
Choose an answer
1970
1972
1973
1978
Previous
Skip
Next
Question # 12
The maximum number of person in a public limited company:
Choose an answer
Thirty five
Fifty
Unlimited
Twenty
Previous
Skip
Next
Question # 13
How many types of Modaraba
Choose an answer
2
3
4
5
Previous
Skip
Next
Question # 14
Maximum number of shareholders in a multi-members private company:
Choose an answer
Ten
Fifty
No limited
Twenty
Previous
Skip
Next
Question # 15
The expenses for the formation of sole tradership are:
Choose an answer
Less
More
Almost none
Not at all
Previous
Skip
Next
Question # 16
The wholesaler creates a link between
Choose an answer
Retailer and consumer
Retailer and manufacturer
Consumer and manufacturer
All the above
Previous
Skip
Next
Back