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
A document having the detail of solid goods is:
Choose an answer
Invoice
Payment receipt
Debit note
Inquiry letter
Previous
Skip
Next
Question # 2
The most important document of a company is:
Choose an answer
The memorandum
The articles
The prospectus
The accounts of company
Previous
Skip
Next
Question # 3
Because of international trade, the less developed countries make progress:
Choose an answer
Economically
Politically
Stately/republically
None of the above
Previous
Skip
Next
Question # 4
Choose the members of chamber
Choose an answer
Chamber members
Associate members
Group members
All of the above
Previous
Skip
Next
Question # 5
In sole tradership, the derisions are held:
Choose an answer
Balatedly
Without and delay
After the meeting of administration
With the suggestions of relatives
Previous
Skip
Next
Question # 6
What is written on the bill of entry of goods
Choose an answer
Quantity and price
Value of insurance
Quality and type
None of the above
Previous
Skip
Next
Question # 7
A retailer buys good from following market:
Choose an answer
National / home
Local
International
All of the above
Previous
Skip
Next
Question # 8
The person to whom the letter is written is:
Choose an answer
Addressee
Attention line
Truly
None of these
Previous
Skip
Next
Question # 9
The details of the allotted shares is mentioned in:
Choose an answer
Statutory report
Annual meeting report
Special meeting report
All of them
Previous
Skip
Next
Question # 10
Whose signature is important on statutory report of the company:
Choose an answer
Shareholders
Promoters
Directors
Auditors
Previous
Skip
Next
Question # 11
In Modaraba the person who works is called:
Choose an answer
Worker
Principal
Rab-ul-Mal
Modarib
Previous
Skip
Next
Question # 12
The owners of a company are:
Choose an answer
The employees of company
The debentureholders
The shareholders
The creditors
Previous
Skip
Next
Question # 13
Who does write the delivery order:
Choose an answer
Exporter
Owner of goods at port
Importer's bank
Govt. agnet
Previous
Skip
Next
Question # 14
What remains among different sections due to offer:
Choose an answer
Link / contact
Coordination
Both
None of these
Previous
Skip
Next
Question # 15
Commerce and business
Choose an answer
The scope of business is wider than commerce
The scope of commerce is wider than business
Both have the same scope
Both have a wider scope than each other
Previous
Skip
Next
Question # 16
Kinds of letters are:
Choose an answer
Two
Three
Four
None of these
Previous
Skip
Next
Back