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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Who cannot be a member of co-operative society
Choose an answer
Govt. Servant
Illiterate person
Minor person
None of these
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Question # 2
The truck jobers has a business of
Choose an answer
Electronics or furniture
Medicines
Eatables
Sports goods
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Question # 3
The basic aim of a co-operative society is
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To store goods
To earn profit
The welfare of members of society
All the above
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Question # 4
How many function of warehouse
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9
10
11
12
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Question # 5
The success of tradership is dependent to
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The administration
The capability of the manger
The capability of sole trader
The cooperation of friends
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Question # 6
The truck jobers has business of:
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Electronics of furniture
Medicines
Eatables
Sports goods
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Question # 7
Due to advertisement, quality products are available at:
Choose an answer
Reasonable price
Low price
High price
None of the above
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Question # 8
Due to advertisement, the unemployment:
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Lessens
Increases
Remains un-effected
Ends or disapperas
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Question # 9
The voyage policy is taken for:
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Specific voyage
Specific centres
Specific person
Voyage of different countries
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Question # 10
What does happen after the exchange of goods
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Development of cordial relations between the countries
More chances of fight or war
Economic crises arise
Scarcity of goods
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Question # 11
To increase business, small packets of goods are and distributed among the people at:
Choose an answer
Less price
Free of cost
Original price
More profit
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Question # 12
A retailer generally buys goods from the:
Choose an answer
Government
Wholesaler
Industrialist
All the above
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Question # 13
In home trade, the traders are related from:
Choose an answer
One city
Two different cities of one country
Two different provinces of one country
All of the above
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Question # 14
Co-operative society is established under the following act:
Choose an answer
1920
1925
1930
1935
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Question # 15
A wholesaler makes it easy for
Choose an answer
Retailer
manufacturers
Retailer and manufacturers
None
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Question # 16
The word index is derived from which language
Choose an answer
Greek
Latin
French
Japnese
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