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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test
00:00
Question # 1
Imports and exports are the kinds of:
Question # 2
The literal meaning of trade is
Question # 3
Helps or facilitates to trade
Question # 4
Two important components of the business:
Question # 5
Helps of facilitates the trade:
Question # 6
Commerce is the component of:
Question # 7
Commerce and business
Question # 8
Two types of industry:
Question # 9
The literal meaning of trade of:
Question # 10
Industry is the component of
Question # 11
Primary industry can be divided into two parts
Question # 12
Trade means
Question # 13
Commerce is the component of
Question # 14
Two types of industry
Question # 15
Commerce is related to
11th Principles of Commerce Chapter 2 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 2 Nature and Scope of Commerce Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 2 "Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test" MCQ`s Test
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S Saw Aly 15 - Oct - 2024 00 Min 53 Sec 15/15 -
Z Zainab Ali 16 - Dec - 2024 01 Min 07 Sec 15/15 -
M Mustafa Khan 12 - Jul - 2024 01 Min 15 Sec 15/15 -
I Isra Shahzad 18 - Apr - 2026 01 Min 19 Sec 15/15 -
S Sadia6560 Noman 09 - Dec - 2024 01 Min 30 Sec 15/15 -
A AJS Vlogs AJS Vlogs 18 - Sep - 2024 02 Min 14 Sec 15/15 -
S Shakeel ahmed Chohan 22 - Oct - 2024 03 Min 12 Sec 15/15 -
Z Zaini Ansari 05 - Jul - 2026 04 Min 15 Sec 15/15 -
M Momina Maryam 13 - Jan - 2025 01 Min 11 Sec 14/15 -
T Tayyba Noor 03 - Jul - 2026 01 Min 12 Sec 14/15 -
Z Zain Waseem 03 - Jun - 2026 01 Min 27 Sec 14/15 -
M Maira Usman 06 - Oct - 2024 01 Min 35 Sec 14/15 -
P Pikabo vlog 01 - May - 2026 03 Min 06 Sec 14/15 -
A Arzoo Qaiser 28 - Jan - 2026 03 Min 07 Sec 14/15 -
M Millat Afridi 30 - Oct - 2024 02 Min 39 Sec 13/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 2 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Trade is the component of |
A. Commerce
B. Industry
C. Agriculture
D. None of these
|
| 2 | Industry is the component of: |
A. Commerce
B. Trade
C. Business
D. Government service
|
| 3 | Secondary industry can be divided into two parts/types: |
A. Constructive, extractive
B. Constructive, manufacturing
C. Extractive, genetics
D. Constructive, genetics
|
| 4 | Two important components of the business: |
A. Trade and commerce
B. Industry and commerce
C. Trade and industry
D. Profit and loss
|
| 5 | Secondary industry can be divided into two parts |
A. Constructive, extractive
B. Constructive, manufacturing
C. Extractive, genetics
D. Constructive, genetics
|
| 6 | Commerce means the activities which help in: |
A. Buying and selling of goods
B. Transportation of goods
C. Transferring goods from factory to consumers
D. None of the above
|
| 7 | Commerce and business |
A. The scope of business is wider than commerce
B. The scope of commerce is wider than business
C. Both have the same scope
D. Both have a wider scope than each other
|
| 8 | Industry includes those activities which are related to: |
A. Selling and buying of goods
B. Sale of goods
C. Preparation of goods and services
D. All the above
|
| 9 | The literal meaning of trade is |
A. Exchange
B. Buying and selling
C. Removal of human obstacles
D. Business
|
| 10 | Trade means: |
A. Wholesaling
B. Retailing
C. Import and Export
D. All the three
|
Test Questions