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
Choose the full form of F.A.S
Choose an answer
Free Alongside Ship
Foreign Agricultural Service
Federation of American Scientists
None of these
Previous
Skip
Next
Question # 2
Secondary industry can be divided into two parts/types:
Choose an answer
Constructive, extractive
Constructive, manufacturing
Extractive, genetics
Constructive, genetics
Previous
Skip
Next
Question # 3
The time period of rural insurance policy is:
Choose an answer
15 - 20 years
10 - 15years
20 - 25years
More than 25 years
Previous
Skip
Next
Question # 4
Not important for sole proprietorship:
Choose an answer
Capital
Interest of owner
Audit
Workers
Previous
Skip
Next
Question # 5
What is written after salutation in business letter:
Choose an answer
Name of business
Name of owner of business
Subject file
All the three
Previous
Skip
Next
Question # 6
How many advantages of home trade in text book
Choose an answer
20
21
22
23
Previous
Skip
Next
Question # 7
Who does write the delivery order:
Choose an answer
Exporter
Owner of goods at port
Importer's bank
Govt. agnet
Previous
Skip
Next
Question # 8
Typewriter is included in
Choose an answer
Copying machines
Calculating machines
Communication machines
None of these
Previous
Skip
Next
Question # 9
Choose the correct full form of F.O.B
Choose an answer
Free On Board
Forward Operating Base
Fall Out Boy
Freight On Board
Previous
Skip
Next
Question # 10
What has to be bought in order to become shareholders of a company
Choose an answer
Shares
Debentures
Dividend
None of these
Previous
Skip
Next
Question # 11
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
Previous
Skip
Next
Question # 12
The memorandum of company is prepared by:
Choose an answer
Specialist
Promoters
Experts
All the above
Previous
Skip
Next
Question # 13
What is not necessary for a private company:
Choose an answer
Statutory meeting
Statutory report
Both (a) & (b)
None of these
Previous
Skip
Next
Question # 14
When did the partnership business come into being
Choose an answer
1872
1880
1892
1902
Previous
Skip
Next
Question # 15
Success of a business office depends on:
Choose an answer
Bribery
Workers
Machines
None of these
Previous
Skip
Next
Question # 16
Due to office machines:
Choose an answer
Saving of time and labour
Convenience in work
Increase in efficiency
All of these
Previous
Skip
Next
Back