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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
The departmental stores are generally found
Choose an answer
Outside the city
In important centers of the city
In center of the city
In all areas
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Question # 2
The businessman is
Choose an answer
A trader
A producer
A distributor
A trader, producer and distributor
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Question # 3
How many types of business finance
Choose an answer
2
3
4
5
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Question # 4
An import trader can get himself registered under
Choose an answer
Import and export control act 1950
Import and export control act 1952
Import and export control act 1975
None of these
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Question # 5
Trade is the component of:
Choose an answer
Commerce
Industry
Agriculture
None of these
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Question # 6
How many advantages of home trade in text book
Choose an answer
20
21
22
23
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Question # 7
Typewriter was invented in:
Choose an answer
1870
1873
1973
None of these
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Question # 8
The formation of sole tradership as compared of partnership is
Choose an answer
Easy
Difficult
Same (No difference)
All of the above
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Question # 9
Personal letters are divided into:
Choose an answer
Two
Five
Seven
Nine
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Question # 10
The following letter is written to draw the personal attention of addressee
Choose an answer
Official letter
Demi-official letter
Reminder
Formal letter
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Question # 11
How many characteristics of warehouse
Choose an answer
6
7
2
9
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Question # 12
Maximum number of shareholders in a multi-members private company
Choose an answer
Ten
Fifty
No limited
Twenty
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Question # 13
Important types of means of transport are
Choose an answer
Four
Three
Two
Five
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Question # 14
The time period of short time finance is:
Choose an answer
Two years
More than one year
One and half year
One or less than one year
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Question # 15
Musharika is based on islamic:
Choose an answer
Concept of interest
Concept of non-interest
Both include
None of both
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Question # 16
The expenses of mall retailers are:
Choose an answer
Less
Normal
More
None
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