First Year Principles of Commerce Chapter 8 Online MCQ Test for 1st Year Principles of Commerce Chapter 8 (Cooperative Society)

This online test contains MCQs about following topics:

Introduction and definition . Features of cooperatice society . Types of coopertative society . Advantages of cooperative society . Disadvantages of cooperative society . Difference between joint stock company and cooperative society

ICOM Part 1 Commerce Ch. 8 Test
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MCQ's Test For Chapter 8 "Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test"

Try The MCQ's Test For Chapter 8 "Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test

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Question # 1

Who cannot be a member of co-operative socity:

Question # 2

What are the capital sources of co-operative society:

Question # 3

The minimum number of members in a co-operative society:

Question # 4

Who cannot be a member of co-operative society

Question # 5

The management committee of society is elected by

Question # 6

The shares of co-operative society:

Question # 7

The price of the share of society is:

Question # 8

The basic aim of a co-operative society is

Question # 9

The minimum number of members in a co-operative society

Question # 10

What is excluded from a co-operative society:

Question # 11

Maximum number of members in a co-operative society:

Question # 12

What are the capital sources of co-operative society

Question # 13

The shares of a co-operative society can be transferred

Question # 14

The management committee of society is elected by:

Question # 15

Co-operative society started in

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11th Principles of Commerce Chapter 8 Test

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ICom Part 1 Principle of Commerce (English Medium) Chapter 8 Important MCQ's

Sr.# Question Answer
1 Co-operative society started in:
A. 1840
B. 1844
C. 1845
D. 1850
2 What is excluded from a co-operative society:
A. Consumer
B. Retailer
C. Wholesaler
D. Capitalist
3 Who provides the capital for co-operative society
A. Government
B. Members
C. Banks
D. None of these
4 In Pakistan, a co-operative society is established under the following act:
A. 1920
B. 1925
C. 1930
D. 1935
5 If a co-operative society is working in more than one province, then it is registered under act of
A. 1925
B. 1932
C. 1913
D. 1942
6 Who cannot be a member of co-operative society
A. Govt. Servant
B. Illiterate person
C. Minor person
D. None of these
7 The price of the share of society is:
A. Equal to the face price
B. Above the face price
C. Less than the face price
D. All the above
8 Maximum number of members in a co-operative society:
A. Ten
B. Twenty
C. Fifty
D. None of these
9 Who cannot be a member of co-operative socity:
A. Govt. Servant
B. Illietrate person
C. Minor person
D. None of these
10 The minimum number of members in a co-operative society:
A. Two
B. Five
C. Twenty
D. Thirty

Test Questions

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