Question # 1

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

Choose an answer

Clearing agent

Underwriter

Forwarding agent

Auctioneer

Who has the authority of nominating members in the committee of chamber of commerce & industry:

Choose an answer

Government

Public

Businessmen

Workers

What is written in business letter after complimentary close

Choose an answer

Signature

Salutation

Subject

Name of addressee

Trade is the component of:

Choose an answer

Commerce

Industry

Agriculture

None of these

In the absence of agreement, a partner receives for taking part in business:

Choose an answer

Remuneration

No remuneration

More Profit

Interest

On which type of shares a company gives the profit on preferential basis

Choose an answer

Ordinary shares

Preference shares

Elementary shares

On all the three

Choose the correct full form of C&F

Choose an answer

Cost & Freight

Cost & Feasibility

Carriage & Freight

In Modaraba

Choose an answer

Two persons invent money

Both persons invest money and labour

One person invests money and the other invests labour and experience

All of the above

Imports and exports are the kinds of

Choose an answer

Home trade

Foreign trade

Provincial trade

None of these

How many qualities in a good filling system

Choose an answer

13

14

15

16

If a person gets his property insured from to different company's then it is called:

Choose an answer

Whole life insurance

Double insurance

Compensatory insurance

None of these

The agent who sells and buys goods of all kinds is called:

Choose an answer

Commission agent

Underwritter

Broker

Exporting agnet

The report send along with the notice of statutory meeting is called:

Choose an answer

Company report

Auditor'sreport

Statutoryreport

Profit and lossreport

Private warehouses are owned by:

Choose an answer

Business units

Private individuals

Corporation units

None of these

In order to wind up the sole tradership:

Choose an answer

The acceptance of the government is sought

No legal process is required

The meeting of administration is required

The will of the friends is required

The following is used for posting through posting machine:

Choose an answer

Debit card

Credit card

Larger card

None of these

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer