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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The word index is derived from which language:
Choose an answer
Greek
Latin
French
Japanese
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Question # 2
An ordinary resolution is passed for:
Choose an answer
Winding up of company
Section of statutory company
Not announcing the dividend
All of them
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Question # 3
Types of members of chamber of commerce and industry are
Choose an answer
Four
Five
Three
Two
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Question # 4
A sales remains successful in his profession if he:
Choose an answer
Has intension to earn profit
Has devotion of work
Does not have intension to ear profit
Tells lie more
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Question # 5
Who does write the delivery order:
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Exporter
Owner of goods at port
Importer's bank
Govt. agnet
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Question # 6
Because of international trade, the less developed countries make progress
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Economically
Politically
Stately/republically
None of the above
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Question # 7
In sole tradership:
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The government provides finance
Only the trader provides finance
Many people collectively provide finance
The relatives provide finance
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Question # 8
The number of parts in a business letter
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Seven
Five
Three
None of these
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Question # 9
The management of multiple shops is controlled by:
Choose an answer
Central office
Provincial office
Regional office
Any office
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Question # 10
In order to wind up the sole tradership
Choose an answer
The acceptance of the government is sought
No legal process is required
The meeting of administration is
The will of the friends is required
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Question # 11
The letter of credit is opened on the request of
Choose an answer
Importer
Exporter
Government
None of these
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Question # 12
The objective of a statutory meeting is:
Choose an answer
To raise funds
To settle preferences
To win the confidence of company's shareholders
To sell the shares
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Question # 13
Due to means of transportation, the production of goods is possible on
Choose an answer
Large scale
Small scale
Middle scale
None of these
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Question # 14
Two types of industry:
Choose an answer
Constructive, genetics
Extractive, genetics
Primary, secondary
Constructive, manufacturing
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Question # 15
How many types of Modaraba
Choose an answer
2
3
4
5
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Question # 16
State the procedure or steps of exporting goods are
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Obtaining and acceptance of indent
Registration
Obtaining license
All of these
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