Question # 1

An agent who is responsible for the receipt of money besides selling goods:

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Broker agent

Delcredere agent

Commissionagent

Specialagent

The company that insures is called:

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Insured

Acceptor

Proposer / Insurer

Business company

How many characteristics of wholesaler in text book

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18

19

20

21

The important source of sending a voice message is:

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Television

Radio

Video cassette

None of these

The remuneration of an agent is called:

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Wages

Profit

Salary

Commission

The price of the share of society is:

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Equal to the face price

Above the face price

Less than the face price

All the above

An office worker should have to his credit:

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Personal qualities

Physical qualities

Educational qualities

All of these

The person who gets himself insured is called:

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Insured

Proposer

Insurance policy

Both (a) and (b)

What has to be bought in order to become shareholder of a company:

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Shares

Debentures

Dividend

None of these

Not suitable for huge size and heavy goods:

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Air transport

Railwaytransport

Roadtransport

Watertransport

An agent means a person who

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Buys goods from manufacturer

Buys and sells goods

Renders services to other organizations

Produces goods himself

Method of preserving papers:

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Indexing

Filing

Storage

All are correct

How many step in procedure of export trade

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21

22

23

24

Letters are folded by:

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Folding machine

Sealingmachine

Staplermachine

All are correct

A salesman remains successful in his perfession if he

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Has intension to earn profit

Has devotion of work

Does not have intension to earn profit

Tells lie more

Two important components of the business:

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Trade and commerce

Industry and commerce

Trade and industry

Profit and loss

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

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