Question # 1

How many kinds of official letter

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10

11

12

13

Helps or facilitates to trade

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Business organizations

Retailers

Trade auxiliaries

National organizations

How many types of copying machines

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3

4

5

6

If any person gets income on the basis of knowledge and skill then it is

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Business

Economic activity

Profession

Trade

A shopkeeper who buys goods in a less quantity and sells it to consumer is called

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Wholesaler

Retailer

Producer

Agent

The number of important and unimportant parts of a business letter can be:

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Ten

Fourteen

Seven

None of these

The objective of a statutory meeting is

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To raise funds

To settle preference

To gain the confidence of company's shareholders

To sell the shares

Generally vowel letters help in

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Filing

Horizontal filing

Indexing

All are wrong

The important source of sending a voice message is

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Television

Radio

Video cassette

None of these

Choose the function of warehouse

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Stability in price

Sampling

Risk bearing

All the above

An ordinary resolution is passed for

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Winding up of company

Section of statutory company

Not announcing the dividend

All of them

Because of international trade, the less developed countries make progress

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Economically

Politically

Stately/republically

None of the above

The characteristics of a good salesman:

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Sells goods at very high prices

Introduces goods in very goods manners

Sells goods on very low prices

Tells lie with customer about the qualities of product

Factor are the:

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Customers of business

Servants of business

Debtors of business

Persons who take responsibility of receiving money from debtors

Important types of means of transport are

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Four

Three

Two

Five

Which business organization requires legal permission for commencement

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Sole tradership

Partnership

Joint stock company

None of these

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Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers

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