Question # 1

To collective profit of wholesaler is

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Less

More

Reasonable

None of the above

The shares of a co-operative society can be transferred

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At any time

After 6 months

After 1 years

All are wrong

Industry includes those activities which are related to:

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Selling and buying of goods

Sale of goods

Preparation of goods and services

All the above

The time period of rural insurance policy is:

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15 - 20 years

10 - 15years

20 - 25years

More than 25 years

Industry is the component of:

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Commerce

Trade

Business

Government service

The style of an official letter is:

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Personal / private

Individual

Non-individual

All of these

Home trade does not include

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Producers

Wholesaler

Retailer

Importers

The indent is also called:

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Marine insurance policy

Inquiry letter

Bill of lading

None of these

For the sale of goods, a businessman depends upon

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The employees

The relatives

The demand of customers

None of these

The goods are sold in a chain store at

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One price

Different prices

Fixed price

All the above

Issuance of notice about statutory meeting is the responsibility of:

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Promoters

Shareholders

Company secretary

Directors

At least how many partners should have a limited liability in a limited partnership:

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One

Two

Three

All

The broker agent gets for his services

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Commission

Profit

Surplus commission

Brokerage

Imports and exports are the kinds of:

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Home trade

Foreign trade

Provincial trade

None of these

The methods of selling goods in foreign countries:

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Personal visit

Travelling agnets

All of the above

How many types of foreign trade

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3

4

5

6

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

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