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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
If the trader does not want to get the goods himself, he issues to the officials:
Choose an answer
Bill of entry
Bill of sight
Delivery order
Bill of lading
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Question # 2
The chamber of commerce and industry is formed for:
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Commerce
Trade
Industrial activities
All the above
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Question # 3
A company formed according to the royal charter is
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Modaraba company
Chartered company
Statutory company
Registered company
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Question # 4
In the absence of agreement, a partner receives on extra capital
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Interest
No interest
More share in profit
Salary
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Question # 5
A word "private" is not used by:
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A statutory company
A public company
A chartered company
All the above
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Question # 6
Due to progress in home trade, the following problem is solved:
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Water
Unemployment
Illitracy
All of the above
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Question # 7
The exporter gets the certificate of origin from:
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Chamber of commerce
Custom officials
Importing bank
Exporting banks
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Question # 8
At cut price shop, the things are always sold:
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On cash
On credit
Both cash and credit
In exchange of things
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Question # 9
The document issued by an authorized officer after counting and checking the loaded goods on ship
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Shipping order
Receipt order
Marine insurance
Bill of lading
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Question # 10
Choose the characteristics of warehouse
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Proper space
Proper location
Transport facility
All the above
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Question # 11
The characteristics of a good salesman:
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Sells goods at very high prices
Introduces goods in very goods manners
Sells goods on very low prices
Tells lie with customer about the qualities of product
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Question # 12
Name of kinds of filing:
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Central and horizonal filing
Central and departmental filing
Horizontal and vertical filing
Central and vertical filing
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Question # 13
According to Jiwan Sathi insurance, the husband and wife are provided with financial security in
Choose an answer
One installment
Two installments
Three installments
Four installments
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Question # 14
Circular letter is a kind of:
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Official letter
Business letter
Both letters
None of these
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Question # 15
Whose signature is important on statutory report of the company:
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Shareholders
Promoters
Directors
Auditors
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Question # 16
The first part of a business letter is
Choose an answer
Reference no.
Heading
Subject line
None of these
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