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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Typewriter is included in:
Choose an answer
Copying machines
Calculatingmachines
Communicationmachines
None of these
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Question # 2
Choose the characteristics of warehouse
Choose an answer
Proper space
Proper location
Transport facility
All the above
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Question # 3
The company that insures is called
Choose an answer
Insured
Acceptor
Propose/ Insurer
Business company
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Question # 4
If the price and quality of goods alongwith other factors are decided before the execution of order then it is called
Choose an answer
Close indent
Open indent
Both a and b
None of these
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Question # 5
The characteristics of a good salesman
Choose an answer
Sells goods on very high prices
Introduces goods in very good manners
Sells goods on very low prices
Tells lie with customer about the qualities product
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Question # 6
The letter of credit is opened on the request of:
Choose an answer
Importer
Exporter
Government
None of these
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Question # 7
Types of members of chamber of commerce and industry are:
Choose an answer
Four
Five
Three
Two
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Question # 8
The departmental store are generally found:
Choose an answer
Outside the city
In important centers of the city
In center of the city
In all areas
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Question # 9
The real or actual proprietor or owner of goods is
Choose an answer
Agent
Principal
Both a and b
None of these
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Question # 10
The sum of marine insurance is not paid:
Choose an answer
If the ship changes direction
If the ship is not capable of the voyage
Trade is unneccssary
All these three
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Question # 11
The details of the allotted shares is mentioned in:
Choose an answer
Statutory report
Annual meeting report
Special meeting report
All of them
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Question # 12
A document having the detail of sold goods is
Choose an answer
Invoice
Payment receipt
Debit note
Inquiry letter
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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
Which ship travels on regular route and follows its time schedule strictly:
Choose an answer
Tramp
Liner
Tanker
None of these
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Question # 15
The wholesaler sells his goods to
Choose an answer
Consumer
Retailer
Manufacturer
All the above
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Question # 16
Typewriter was invented in
Choose an answer
1870
1873
1973
None of these
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