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NAT I Commerce Commerce MCQs With Answers
Question # 1
In public limited company the minimum number of shareholders are
Choose an answer
2
10
7
20
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Question # 2
The primary object of cooperative society is to
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Earn profit
Not to earn profit
Member's welfare
To make Allah Happy
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Question # 3
The objective of advertisement is to
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Introduce the goods
Save the goods
Reach the goods to consumers
All of these
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Question # 4
Advertising expenses are met by
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Consumers
Whole seller
Owner of the goods
Retailer
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Question # 5
Most important document of the company is
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Memorandum of association
Articles of association
Prospectus of the company
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Question # 6
The documents through which the public is offered to purchase the shares of the company is called
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Prospectus
Articles of association
Memorandum of association
Statement in lieu of prospectus
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Question # 7
Sole proprietorship is suitable for:
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Large scale business
Small scale business
Medium scale business
All of these
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Question # 8
Which business organization can sale its shares to public:
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Partnership
Private Limited Company
Sole proprietorship
Public Limited Company
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Question # 9
In order to obtain loan from the public company issuses
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Shares
Debentures
Dividend
All of these
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Question # 10
The formation of Joint stock Company is maintained under
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Company Act,1984
Company Act,1932
Company Act,1972
Company Act ,1911
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Question # 11
Development of National Trade solves the problems of
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Water
Unemployment
Illiteracy
All of these
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