Question # 1

Who provides the capital for co-operative society:

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Government

Members

Banks

None of these

A consumer has a direct link with

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Retailer

Wholesaler

Industrialist

Agent

An office worker should have to his credit

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Personal qualities

Physical qualities

Educational qualities

All of these

The profit given to shareholder on their investment by a company is called:

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Debenture

Share

Dividend

Bonus

The characteristics of a good salesman

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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

The minimum number of directors in a multimembers private ltd. company:

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Five

Seven

Two

Not fixed

An agent who is helpful in the sale and purchase of shares

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Clearing agent

Underwriter

Forwarding agent

Auctioneer

Because of international trade, the less developed countries make progress:

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Economically

Politically

Stately/republically

None of the above

For the sale of goods, a businessman depends upon:

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The employees

The relatives

The demand of customers

None of these

Circular letter is a kind of

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Official letter

Business letter

Both letters

None of these

What has to be bought in order to become shareholders of a company

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Shares

Debentures

Dividend

None of these

The memorandum of company is prepared by:

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Specialist

Promoters

Experts

All the above

The language of official letter is generally:

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Typical

Definite

Both

Courteous

The letters sent for personal or domestic matters are called:

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Formal letters

Routine letters

Personalletters

None of these

Choose the full form of F.A.S

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Free Alongside Ship

Foreign Agricultural Service

Federation of American Scientists

None of these

According to Jiwan Sathi insurance,, the husband and wife are provided with financial security in:

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One installment

Two installment

Three installment

Fourinstallment

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

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