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

Kinds of home trade

Question # 2

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

Question # 3

Not in home trade

Question # 4

How many problem in home trade

Question # 5

There is an increase in following production because of home trade:

Question # 6

Home trade does not include

Question # 7

Because of home trade, the goods are traded in

Question # 8

Home trade does not include:

Question # 9

In home trade, the traders are related from

Question # 10

In home trade, the traders are related from:

Question # 11

Because of home trade, the goods are traded in:

Question # 12

Kinds of home trade:

Question # 13

Not in home trade:

Question # 14

How many advantages of home trade in text book

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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ICom Part 1 Principle of Commerce (English Medium) Chapter 9 Important MCQ's

Sr.# Question Answer
1 How many types of foreign trade
A. 3
B. 4
C. 5
D. 6
2 Due to progress in home trade, the following problem is solved:
A. Water
B. Unemployment
C. Illitracy
D. All of the above
3 Home trade does not include
A. Producers
B. Wholesaler
C. Retailer
D. Importers
4 There is an increase in following production because of home trade:
A. Foreign
B. National
C. Regional
D. Domestic
5 There is an increase in following production because of home trade
A. Foreign
B. National
C. Regional
D. Domestic
6 A document having the detail of sold goods is
A. Invoice
B. Payment receipt
C. Debit note
D. Inquiry letter
7 In home trade, the traders are related from:
A. One city
B. Two different cities of one country
C. Two different provinces of one country
D. All of the above
8 A document having the detail of solid goods is:
A. Invoice
B. Payment receipt
C. Debit note
D. Inquiry letter
9 Not in home trade:
A. Tax saving
B. Foreign currency
C. Stability in prices
D. Decrease in expenditures
10 Kinds of home trade
A. Two
B. Three
C. Four
D. Five

Test Questions