First Year Principles of Commerce Chapter 9 Online MCQ Test for 1st Year Principles of Commerce Chapter 9 (Home Trade)

This online test contains MCQs about following topics:

Difinition and classification of trade . Advantages of home trade . Disadvantages and problems of homw trade . Chain of home trade . Procedure and documents of home trade

ICOM Part 1 Commerce Ch. 9 Test
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MCQ's Test For Chapter 9 "Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test"

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  • Total Questions15

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Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test

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Question # 1

Home trade does not include:

Question # 2

Because of home trade, the goods are traded in:

Question # 3

Whose role is important in trade

Question # 4

How many problem in home trade

Question # 5

A document having the detail of sold goods is

Question # 6

Whose role is important in trade:

Question # 7

In home trade, the traders are related from:

Question # 8

Not in home trade

Question # 9

How many types of foreign trade

Question # 10

In home trade, the traders are related from

Question # 11

Trade is an activity of buying ans selling of goods for money or other goods are called

Question # 12

There is an increase in following production because of home trade

Question # 13

How many characteristics of home trade in our book

Question # 14

Kinds of home trade

Question # 15

Due to progress in home trade, the following problem is solved:

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11th Principles of Commerce Chapter 9 Test

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Sr.# Question Answer
1 A document having the detail of solid goods is:
A. Invoice
B. Payment receipt
C. Debit note
D. Inquiry letter
2 Due to progress in home trade, the following problem is solved
A. Water
B. Unemployment
C. Illiteracy
D. All of the above
3 Whose role is important in trade
A. Trader
B. Producer
C. Consumer
D. All the three
4 Home trade does not include
A. Producers
B. Wholesaler
C. Retailer
D. Importers
5 Kinds of home trade
A. Import & export trade
B. Wholesaling & import trade
C. Retail and wholesale trade
D. All of the above
6 Because of home trade, the goods are traded in:
A. Half of the country
B. Whole country
C. One province
D. Foreign country
7 There is an increase in following production because of home trade
A. Foreign
B. National
C. Regional
D. Domestic
8 Not in home trade
A. Tax saving
B. Foreign currency
C. Stability in price
D. Decrease in expenditures
9 Kinds of home trade
A. Two
B. Three
C. Four
D. Five
10 Kinds of home trade:
A. Two
B. Four
C. Three
D. None

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