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This online test contains MCQs about following topics:
Human activites and their classification . Definition, Nature and Characteristics of business . Objectives and functions of business . Starting/establishing a new business . Qualities of a good businessman . Elements of successful business
ICOM Part 1 Commerce Ch. 1 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 1 "Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 1 "Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test
00:00
Question # 1
In order to determine the size of a business we consider
Question # 2
The basic objective of business is:
Question # 3
The businessman is:
Question # 4
A business takes into account the following activities
Question # 5
Economic activity which gives:
Question # 6
The basic objective of business is
Question # 7
Economic activity which gives
Question # 8
What does a business organization mean
Question # 9
Income from business is called:
Question # 10
For the sale of goods, a businessman depends upon:
Question # 11
Which factor plays an important role in improving the standard of living of the people and economic development
Question # 12
A person who deals in ready made item is:
Question # 13
Economic activities mean:
Question # 14
If any person gets income on the basis of knowledge and skill then it is:
Question # 15
The objective of non-economic activities is to
11th Principles of Commerce Chapter 1 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 1 Concept of Business Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 1 "Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test" MCQ`s Test
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U Unknown 11 - Jan - 2025 00 Min 04 Sec 14/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | What does a business organization mean: |
A. Sole tradeship
B. Partnership
C. Joint stock company
D. All the above
|
| 2 | A business takes into account the following activities |
A. Economic
B. Non-economic
C. Social
D. None of these
|
| 3 | The businessman is |
A. A trader
B. A producer
C. A distributor
D. A trader, producer and distributor
|
| 4 | The businessman is: |
A. A trader
B. A producer
C. A distributor
D. A trader, producer and distributor
|
| 5 | The basic objective of business is |
A. Exchange
B. Earning profit
C. Service to the society
D. Earning foreign exchange for the govt
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| 6 | Which factor plays an important role in improving the standard of living of the people and economic development |
A. Trade
B. Industry
C. Commerce
D. All the above
|
| 7 | If any person gets income on the basis of knowledge and skill then it is: |
A. Business
B. Economic activity
C. Profession
D. Trade
|
| 8 |
Human activities consist of following activities |
A. Un-commanded
B. Commanded
C. Commanded and un-commanded
D. None of the above
|
| 9 | For the sale of goods, a businessman depends upon |
A. The employees
B. The relatives
C. The demand of customers
D. None of these
|
| 10 | What does a business organization mean |
A. Sole tradership
B. Partnership
C. Joint stock company
D. All the above
|
Test Questions
Share your comments & questions here
Arslan Arslan
18 Mar 2024sir urdu ma please
sohail khan
11 Oct 2019complete test ;p