First Year Principles of Commerce Chapter 2 Online MCQ Test for 1st Year Principles of Commerce Chapter 2 (Nature and Scope of Commerce)

This online test contains MCQs about following topics:

Division of business . Introduction and types of industry . Scope of commerce . Difference among different concepts

ICOM Part 1 Commerce Ch. 2 Test
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MCQ's Test For Chapter 2 "Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test"

Try The MCQ's Test For Chapter 2 "Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test

00:00
Question # 1

Commerce is the component of

Question # 2

Secondary industry can be divided into two parts

Question # 3

Primary industry can be divided into two parts/types:

Question # 4

Imports and exports are the kinds of:

Question # 5

Trade means

Question # 6

Trade is the component of:

Question # 7

Secondary industry can be divided into two parts/types:

Question # 8

Trade means:

Question # 9

Commerce means the activities which help in

Question # 10

Commerce is related to:

Question # 11

Two types of industry

Question # 12

Commerce is the component of:

Question # 13

Commerce means the activities which help in:

Question # 14

Industry includes those activities which are related to

Question # 15

Primary industry can be divided into two parts

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11th Principles of Commerce Chapter 2 Test

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ICom Part 1 Principle of Commerce (English Medium) Chapter 2 Important MCQ's

Sr.# Question Answer
1 Imports and exports are the kinds of:
A. Home trade
B. Foreign trade
C. Provincial trade
D. None of these
2 Commerce is related to:
A. Distribution of goods
B. Sale of goods
C. Purchase of goods
D. All the above
3 Primary industry can be divided into two parts
A. Extractive, genetics
B. Constructive, genetics
C. Extractive, secondary
D. Construcive, manufacturing
4 Helps of facilitates the trade:
A. Business organizations
B. Retailers
C. Trade auxiliaries
D. National organizations
5 Secondary industry can be divided into two parts/types:
A. Constructive, extractive
B. Constructive, manufacturing
C. Extractive, genetics
D. Constructive, genetics
6 Trade is the component of:
A. Commerce
B. Industry
C. Agriculture
D. None of these
7 Two important components of the business:
A. Trade and commerce
B. Industry and commerce
C. Trade and industry
D. Profit and loss
8 Two types of industry:
A. Constructive, genetics
B. Extractive, genetics
C. Primary, secondary
D. Constructive, manufacturing
9 Trade means
A. Wholesaling
B. Retailing
C. Import and export
D. All the three
10 Imports and exports are the kinds of
A. Home trade
B. Foreign trade
C. Provincial trade
D. None of these

Test Questions