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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Important types of means of transport are
Choose an answer
Four
Three
Two
Five
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Question # 2
How many qualities in a good filling system
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13
14
15
16
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Question # 3
A departmental store is the developed form of:
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Retailers
Wholesalers
Industrialists
Co-operative society
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Question # 4
Middlemen means those person who
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Buy goods from the retailer
Buy goods from the wholesaler
Help in transferring goods from producer to consumer
But items from manufacturer
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Question # 5
An official letter should be:
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Concise
Suitable
Long
None of these
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Question # 6
Due to machines, office work due becomes:
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Easy
Difficult
Remains the same
None of these
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Question # 7
The govt. has monopoly in:
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Railway transport
Airtransport
Roadtransport
Watertransport
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Question # 8
The quantity of goods in the godown of wholesaler is:
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Reasonable
More
Less
None
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Question # 9
Registration of the partnership business:
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Is necessary
Depends on the will of partners
Depends on the will of registrar
None of these
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Question # 10
A charter party is
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A contract to reserve a ship for carrying goods
Application for opening the letter of credit
Letter of indemnity
All the three
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Question # 11
An official letter is a cheap means of communication as compared to other means due to its less cost
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Cheap means
Settlement of disputes
Written proof
None of these
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Question # 12
For how much time the directors are selected in public ltd. company:
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2 years
3 years
7 years
10 years
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Question # 13
Sole proprietorship is:
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Non-flexible
Flexible
Durable
None of these
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Question # 14
What are the advantages of means of transportation ?
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Industrial development
Stability in prices
Expansion of market
All the above
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Question # 15
The indent is also called:
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Marine insurance policy
Inquiry letter
Bill of lading
None of these
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Question # 16
The machine of opening letters in business centers is called:
Choose an answer
Mail opener
Foldingmachine
Punchingmachine
All are correct
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