Question # 1

The govt. has monopoly in:

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Railway transport

Airtransport

Roadtransport

Watertransport

The wholesaler creates a link between:

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Retailer and consumer

Retailer and manufacturer

Consumer and manufacturer

All the above

An official letter should be:

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Concise

Suitable

Long

None of these

An ordinary resolution is passed for:

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Winding up of company

Section of statutory company

Not announcing the dividend

All of them

The powers of directors and promoters are discussed in:

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MOA

AOA

Prospectus

All of these

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

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Company report

Auditor'sreport

Statutoryreport

Profit and lossreport

Commerce and business

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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

How many types of copying machines

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3

4

5

6

The wholesaler creates a link between

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Retailer and consumer

Retailer and manufacturer

Consumer and manufacturer

All the above

Industry includes those activities which are related to

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Selling and buying of goods

Sale of goods

Preparation of goods and services

All the above

A wholesaler makes it easy for

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Retailer

manufacturers

Retailer and manufacturers

None

The letters sent for personal or domestic matters are called.

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Formal letters

Routine letters

Personal letters

None of these

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

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