More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The maximum number of partners in banking business are:
Choose an answer
Ten
Twenty
Thirty
Fifty
Previous
Skip
Next
Question # 2
The shares of a co-operative society can be transferred
Choose an answer
At any time
After 6 months
After 1 years
All are wrong
Previous
Skip
Next
Question # 3
The language of official letter is generally
Choose an answer
Typical
Definite
Both
Courteous
Previous
Skip
Next
Question # 4
What does a company get from the prospectus:
Choose an answer
Capital
Fame
Registration
All the three
Previous
Skip
Next
Question # 5
Holding company is a company which has:
Choose an answer
No shares of other company
Less than 50% shares of other company
More than 50% shares of other company
50% shares of other company
Previous
Skip
Next
Question # 6
Helps or facilitates to trade
Choose an answer
Business organizations
Retailers
Trade auxiliaries
National organizations
Previous
Skip
Next
Question # 7
There is an increase in following production because of home trade
Choose an answer
Foreign
National
Regional
Domestic
Previous
Skip
Next
Question # 8
How many characteristics in official letters
Choose an answer
8
9
10
11
Previous
Skip
Next
Question # 9
A retailer buys and sells goods in
Choose an answer
Reasonable quantity
Abundant quantity
Less quantity
All the above
Previous
Skip
Next
Question # 10
Limited partnership is formed under Limited Partnership Act:
Choose an answer
1997
2007
2010
2017
Previous
Skip
Next
Question # 11
Due to warehousing facility
Choose an answer
Demand increases
There is control on supply
Supply increases
There is control on demand
Previous
Skip
Next
Question # 12
What remains among different sections due to offer:
Choose an answer
Link / contact
Coordination
Both
None of these
Previous
Skip
Next
Question # 13
Different products are sent to final consumers through
Choose an answer
Manufacturer
Trader
Means of transportation
Both a and b
Previous
Skip
Next
Question # 14
There is an increase in following production because of home trade:
Choose an answer
Foreign
National
Regional
Domestic
Previous
Skip
Next
Question # 15
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:
Choose an answer
6 months
9months
12months
16months
Previous
Skip
Next
Question # 16
This department is responsible for purchasing goods and other items are called
Choose an answer
Purchase department
Sales department
Advertising department
Correspondence department
Previous
Skip
Next
Back