Question # 1

Amount spent on advertisement is

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Heavy

Less

Reasonable

Nil

What is written first in an official letter:

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Reference no.

Heading

Subject line

None of these

The quantity of goods in the godown of wholesaler is

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Reasonable

More

Less

None

The wholesaler gives order to manufactures

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In advance

On spot

According to need

None of the above

Important types of means of transport are:

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Four

Three

Two

Five

A company established by the order of parliament of president is called:

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Government company

Chartered company

Statutory company

None of these

The minimum number of persons in a multi-members private company

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Seven

Four

Two

Three

Choose the characteristics of warehouse

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Proper space

Proper location

Transport facility

All the above

The members of chamber of commerce and industry can be

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Local persons

Foreign persons

Both

None of these

The best form of a partnership deed is

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Verbal

Written

Written & registered

None of the above

A business takes into account the following activities

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Economic

Non-economic

Social

None of these

For how much time the directors are selected in public ltd. company:

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2 years

3 years

7 years

10 years

Exact copy of letter or document can be taken from:

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Photo state machine

Automatic typemachine

Electric typemachine

Type writer

Number of local chambers of commerce and industry in Pakistan after establshment:

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2

5

7

12

On the death of the insured, sum is paid to:

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Friends

Dependents

Relatives

Insurer

At least how many partners should have a limited liability in a limited partnership:

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One

Two

Three

All

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

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