ICOM Part 1 Principles of Commerce English Medium Chapter 12 MCQ's Test

First Year Principles of Commerce Chapter 12 Online MCQ Test for 1st Year Principles of Commerce Chapter 12 (Foreign rade)

First Year Principles of Commerce Chapter 12 Online MCQ Test for 1st Year Principles of Commerce Chapter 12 (Foreign rade)

Sr. # Questions Answers Choice
1 What does happen after the exchange of goods
  • A. Development of cordial relations between the countries
  • B. More chances of fight or war
  • C. Economic crises arise
  • D. Scarcity of goods
2 How many copies of bill of lading are prepared:
  • A. Two
  • B. Three
  • C. Four
  • D. Five
3 Because of foreign trade, the demand for national/ home products
  • A. Reduces
  • B. Increases
  • C. Remains normal
  • D. Both a and b
4 In case of emergency, foreign trade makes the supply of goods
  • A. Easy
  • B. Difficult
  • C. Unimportant
  • D. Important
5 A charter party is:
  • A. A contract to reserve a ship for carrying goods
  • B. Application for opening the letter of credit
  • C. Letter of indemnity
  • D. All the three
6 In case of emergency, foreign trade makes the supply of goods:
  • A. Easy
  • B. Difficult
  • C. Unimportant
  • D. Important
7 Who does write the delivery order:
  • A. Exporter
  • B. Owner of goods at port
  • C. Importer's bank
  • D. Govt. agnet
8 Due to foreign trade, the less developed countries
  • A. Becomes international slaves
  • B. Do not progress
  • C. Do not live along
  • D. None of these
9 How many copies of bill of lading are prepared
  • A. Two
  • B. Three
  • C. Four
  • D. Five
10 If goods are bought from another country for exporting, it is called
  • A. Export trade
  • B. Import trade
  • C. Entrepot trade
  • D. None of these

Top Scorers of Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test

J

Jiya 7287

Lahore05 - May - 2025

15/15
02 Mins 17 Sec
A

Aiza Khawaja

Lahore17 - Apr - 2025

9/15
02 Mins 24 Sec
S

Shakeel Ahmed

Lahore11 - Jun - 2025

9/15
03 Mins 31 Sec

Chapterwise Lists

Chapter Name Questions PDF File
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 10 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 16 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 19 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 21 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 23 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test 15 Questions

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