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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The method of fulfilling a claim is stated in
Choose an answer
Letter of enquiry
Order letter
Complaint letter
None of these
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Question # 2
Whose role is important in trade:
Choose an answer
Trade
Producer
Consumer
All the three
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Question # 3
Important types of means of transport are
Choose an answer
Four
Three
Two
Five
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Question # 4
The quantity of goods in the godown of wholesaler is
Choose an answer
Reasonable
More
Less
None
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Question # 5
The wholesaler informs the public about his products through
Choose an answer
Letters
Telephone
Advertisements
All the above
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Question # 6
The number of important and unimportant parts of a business letter can be:
Choose an answer
Ten
Fourteen
Seven
None of these
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Question # 7
What remains among different sections due to offer:
Choose an answer
Link / contact
Coordination
Both
None of these
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Question # 8
The letter of credit is opened on the request of
Choose an answer
Importer
Exporter
Government
None of these
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Question # 9
The letter sent for personal or domestic matters are called
Choose an answer
Formal letters
Routine letters
Personal letters
None of these
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Question # 10
Group insurance is popular among:
Choose an answer
Unemployed people
Employees of business organizations
House wives
All the above
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Question # 11
For the sale of goods, a businessman depends upon
Choose an answer
The employees
The relatives
The demand of customers
None of these
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Question # 12
joint stock company is that business organization which is
Choose an answer
Durable
Not ended
Not durable
None of these
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Question # 13
We can transfer more goods through which means of transport:
Choose an answer
Railway
Truck
Air plane
Wagon
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Question # 14
Imports and exports are the kinds of:
Choose an answer
Home trade
Foreign trade
Provincial trade
None of these
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Question # 15
If the trader does not want to get the goods himself, he issues to the officials:
Choose an answer
Bill of entry
Bill of sight
Delivery order
Bill of lading
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Question # 16
The minimum number of persons in a listed public company:
Choose an answer
Seven
Eleven
Five
Two
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