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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Success of a business office depends on
Choose an answer
Bribery
Workers
Machines
None of these
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Question # 2
Which business organization requires legal permission for commencement
Choose an answer
Sole tradership
Partnership
Joint stock company
None of these
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Question # 3
A business takes into account the following activities:
Choose an answer
Economic
Non-economic
Social
None of these
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Question # 4
A joint stock company has the following characteristic:
Choose an answer
Delayed decisions
Payment of double tax
Limited liability of shareholders
All of the above
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Question # 5
In a large business, a separate department is responsible for advertising the products. are called
Choose an answer
Purchase department
Sales department
Advertising department
Administrative department
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Question # 6
Maximum number of members in a co-operative society:
Choose an answer
Ten
Twenty
Fifty
None of these
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Question # 7
One to advertisement, the sale of goods
Choose an answer
Decreases
Increases
Remains same
Both a and b are possible
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Question # 8
An agent who is helpful in the sale and purchase of shares:
Choose an answer
Clearing agent
Underwriter
Forwarding agent
Auctioneer
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Question # 9
An office worker should have to his credit
Choose an answer
Personal qualities
Physical qualities
Educational qualities
All of these
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Question # 10
Which company requires a certificate of commencement
Choose an answer
Public company
Private company
Chartered company
All the above
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Question # 11
How many characteristics of home trade in our book
Choose an answer
10
11
12
13
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Question # 12
Co-operative society started in
Choose an answer
1840
1844
1845
1850
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Question # 13
Advertisement means:
Choose an answer
Production of goods
Sale of goods
Introduction of goods / products
Spoilage of goods
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Question # 14
In Modaraba, the person who invests capital is called:
Choose an answer
Modarib
Rab-ul-Mal
Investor
Businessman
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Question # 15
Kinds of horizontal filing:
Choose an answer
Arch and geographical
Wireand geographical
Arch and wire
Geographical and vertical
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Question # 16
The expenses of mall retailers are:
Choose an answer
Less
Normal
More
None
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