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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The language of official letter is generally:
Choose an answer
Typical
Definite
Both
Courteous
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Question # 2
After the formation of a company, the first meeting of shareholder is called:
Choose an answer
Statutory meeting
Annual general meeting
Extra ordinary meeting
None of these
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Question # 3
A document having the detail of solid goods is:
Choose an answer
Invoice
Payment receipt
Debit note
Inquiry letter
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Question # 4
Sole proprietorship is:
Choose an answer
Non-flexible
Flexible
Durable
None of these
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Question # 5
Attainment of common objectives under the guidance of the leader of organization is possible through:
Choose an answer
Office
Office organizations
Workers
Customers
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Question # 6
In Modaraba the person who works is called:
Choose an answer
Worker
Principal
Rab-ul-Mal
Modarib
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Question # 7
What is prepared by the exporter on the settlements of matters
Choose an answer
Invoice
Consular invoice
Certificate of origin
All of these
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Question # 8
An import trader can get himself registered under:
Choose an answer
import and export control Act 1950
import and export control Act 1952
import and export control Act 1975
None of these
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Question # 9
Not included in office worker's personal qualities
Choose an answer
Hard working
Honest
Good personality
Courteous
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Question # 10
The objective of non-economic activities is to:
Choose an answer
Serve the society
Earn profit
Serve the society beside spiritual satisfaction
Earning the fame
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Question # 11
A salesman remains successful in his perfession if he
Choose an answer
Has intension to earn profit
Has devotion of work
Does not have intension to earn profit
Tells lie more
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Question # 12
In Pakistan, life insurance business was nationalized in:
Choose an answer
1970
1972
1973
1978
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Question # 13
Due to progress in home trade, the following problem is solved
Choose an answer
Water
Unemployment
Illiteracy
All of the above
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Question # 14
A shopkeeper who buys goods in a less quantity and sells it to consumer is called:
Choose an answer
Wholesaler
Retailer
Producer
Agent
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Question # 15
The agent appointed for the sale of goods
Choose an answer
Broker
Auctioneer
Factor
Underwriter
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Question # 16
The style of an official letter is:
Choose an answer
Personal / private
Individual
Non-individual
All of these
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