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

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Question # 1

Primary industry can be divided into two parts

Question # 2

The literal meaning of trade of:

Question # 3

Commerce is related to:

Question # 4

Secondary industry can be divided into two parts

Question # 5

Commerce and business

Question # 6

Helps of facilitates the trade:

Question # 7

Trade means:

Question # 8

Commerce means the activities which help in

Question # 9

Commerce and business:

Question # 10

Trade is the component of

Question # 11

Commerce means the activities which help in:

Question # 12

Commerce is the component of:

Question # 13

Industry includes those activities which are related to

Question # 14

Imports and exports are the kinds of:

Question # 15

Commerce is the component of

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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 Commerce is related to
A. Distribution of goods
B. Sale of goods
C. Purchase of goods
D. All the above
2 Two types of industry
A. Constructive, genetics
B. Extractive, genetics
C. Primary, secondary
D. Constructive, manufacturing
3 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
4 Trade is the component of
A. Commerce
B. Industry
C. Agriculture
D. None of these
5 Primary industry can be divided into two parts/types:
A. Extractive, genetics
B. Constructive, genetics
C. Extractive, secondary
D. Constructive, manufacturing
6 Trade is the component of:
A. Commerce
B. Industry
C. Agriculture
D. None of these
7 Helps of facilitates the trade:
A. Business organizations
B. Retailers
C. Trade auxiliaries
D. National organizations
8 Helps or facilitates to trade
A. Business organizations
B. Retailers
C. Trade auxiliaries
D. National organizations
9 Imports and exports are the kinds of
A. Home trade
B. Foreign trade
C. Provincial trade
D. None of these
10 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

Test Questions

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