Question # 1

A wholesaler buys the goods in

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Reasonable quantity

Abundant quantity

Less quantity

Does not buy or sell

Kinds of filing are:

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Two

Three

Four

One

The real or actual proprietor or owner of goods is:

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Export agent

Warehouse keeper

Clearing agent

Broker

The truck jobers has a business of

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Electronics or furniture

Medicines

Eatables

Sports goods

The sole tradership is a business organization of

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Modern times

Old times

A combination of (a) and (b)

All the above

In horizontal filing, files are kept:

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In flat or horizontal position

In vertical position

Fixed with ribbon on cardboard

None of these

Which is the modern and developed means of transportation of goods and passengers

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Water

Air

Land

All the above

Method of preserving paperss

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Indexing

Filing

Storage

All are correct

Who has the authority of nominating members in the committee of chamber of commerce & industry:

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Government

Public

Businessmen

Workers

The remuneration of an agent is called

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Wages

Profit

Salary

Commission

Due to advertisement, the unemployment

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Lessens

Increases

Remains un-effected

Ends or disappears

The wholesaler creates a link between:

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Retailer and consumer

Retailer and manufacturer

Consumer and manufacturer

All the above

An agent appointed for sending goods to other countries is called:

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Export agnet

Import agent

Forwarding agent

Clearing agent

In which form of business organization, the element of secrecy is maintained:

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Partnership

Joint stock company

Sole tradership

None of the above

The letters sent for personal or domestic matters are called:

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Formal letters

Routine letters

Personalletters

None of these

The best form of a partnership deed is

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Verbal

Written

Written & registered

None of the above

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Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers

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