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NAT I Commerce Commerce MCQs With Answers
Question # 1
The persons performing services for the formation of joint stock Company are called as
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Promoters
Underwriters
Shareholder
Debenture holders
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Question # 2
Retailer sells the goods to
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Consumers
Hawkers
Industrialist
Wholesaler
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Question # 3
Maximum number of partners in Banking business is
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40
30
20
10
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Question # 4
Mudaraba business is commenced with Mudaraba Ordinance
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1980
1988
1984
1992
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Question # 5
Word trade means
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The exchange of goods
The purchasing and selling of goods
The business
The production of goods
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Question # 6
Co-operative society is formed under Act
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1925
1932
1935
1984
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Question # 7
Two components of business are
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Industry and trade
Profit and loss
Commerce and industry
Trade and commerce
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Question # 8
Development of National Trade solves the problems of
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Water
Unemployment
Illiteracy
All of these
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Question # 9
Maximum number of partners in partnership business is
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2
20
21
10
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Question # 10
The most important part of a letter is
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Subject
Letter heading
Body of the letter
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Question # 11
We call exchange of goods with goods:
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Barter system
Co-trade
Industry
Commerce
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