Question # 1

Sole proprietor's is generally carried on:

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Small scale

Medium scale

Large scale

All the above

Shirkat-ul-Mufavdha cannot be formed between

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Muslims & non-muslim

Owner and worker

Major and minor

All correct

Co-operative society started in

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1840

1844

1845

1850

A company formed according to the royal charter is

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Modaraba company

Chartered company

Statutory company

Registered company

The source of importing goods:

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Wholesaler (trader)

Indent firm

Foreign purchase office

All of the above

The salutation and complimentary close are not used in:

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Private letters

Reminder

Govt. memo

None of these

Due to advertisement

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Number of customer increases

Number of customer reduces

Number of customer remains the same

The old customers leave

The producer puts the burden of advertisement expenses on:

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Himself

Consumers

Wholesaler and retailer

Both (b) and (c)

Middlemen means those person who

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Buy goods from the retailer

Buy goods from the wholesaler

Help in transferring goods from producer to consumer

But items from manufacturer

The minimum number of persons in a multi-members private company

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Seven

Four

Two

Three

The important source of sending a voice message is

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Television

Radio

Video cassette

None of these

What has to be bought in order to become shareholders of a company

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Shares

Debentures

Dividend

None of these

Imports and exports are the kinds of

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Home trade

Foreign trade

Provincial trade

None of these

The minimum number of members in a co-operative society

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Two

Five

Ten

Twenty

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

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Government

Public

Businessmen

Workers

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Other Links

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

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