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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Because of an organized office, business:
Choose an answer
Expands / widens
Contracts
Remains unchanged
None of these
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Question # 2
The language of official letter is generally
Choose an answer
Typical
Definite
Both
Courteous
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Question # 3
A word "private" is not used by:
Choose an answer
A statutory company
A public company
A chartered company
All the above
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Question # 4
The number of parts in a business letter
Choose an answer
Seven
Five
Three
None of these
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Question # 5
Who does issue the certificate of origin for exporting goods:
Choose an answer
Chamber members
Town association
Chamber of commerce and industry
Association members
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Question # 6
An agent who sells goods only for a specific organization is called:
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Common agent
Travelling agent
Special agent
Non of these
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Question # 7
In Modaraba the person who works is called:
Choose an answer
Worker
Principal
Rab-ul-Mal
Modarib
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Question # 8
Due to machines, office work due becomes
Choose an answer
Easy
Difficult
Remains the same
None of these
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Question # 9
The quantity of goods sold to consumers in a departmental store is
Choose an answer
Reasonable
More
Small
All of the above
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Question # 10
Which factor plays an important role in improving the standard of living of the people and economic development
Choose an answer
Trade
Industry
Commerce
All the above
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Question # 11
The addressee of official letters is:
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Government institutions
Associated institutions
Private institutions
All of these
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Question # 12
State the procedure or steps of exporting goods are
Choose an answer
Obtaining and acceptance of indent
Registration
Obtaining license
All of these
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Question # 13
Because of home trade, the goods are traded in:
Choose an answer
Half of the country
Whole country
One province
Foreign country
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Question # 14
A person who sells goods of merchant to another person is called:
Choose an answer
Retailer
Middleman
Agent
Wholesaler
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Question # 15
The characteristics of a good salesman:
Choose an answer
Sells goods at very high prices
Introduces goods in very goods manners
Sells goods on very low prices
Tells lie with customer about the qualities of product
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Question # 16
Kinds of home trade
Choose an answer
Two
Three
Four
Five
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