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.

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

Sr. # Questions Answers Choice
1 The literal meaning of trade is
  • A. Exchange
  • B. Buying and selling
  • C. Removal of human obstacles
  • D. Business
2 Trade is the component of:
  • A. Commerce
  • B. Industry
  • C. Agriculture
  • D. None of these
3 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
4 Commerce is the component of:
  • A. Industry
  • B. Trade
  • C. Business
  • D. Government service
5 The literal meaning of trade of:
  • A. Exchange
  • B. Buying and selling
  • C. Removal of human obstacles
  • D. Business
6 Two important components of the business:
  • A. Trade and commerce
  • B. Industry and commerce
  • C. Trade and industry
  • D. Profit and loss
7 Two important components of the business
  • A. Trade and commerce
  • B. Industry and commerce
  • C. Trade and industry
  • D. Profit and loss
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 Commerce is the component of
  • A. Industry
  • B. Trade
  • C. Business
  • D. Government service
10 Imports and exports are the kinds of
  • A. Home trade
  • B. Foreign trade
  • C. Provincial trade
  • D. None of these

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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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