Question # 1

What does happen after the exchange of goods

Choose an answer

Development of cordial relations between the countries

More chances of fight or war

Economic crises arise

Scarcity of goods

Methods of filing

Choose an answer

Horizontal and vertical

Arch and horizontal

Arch and vertical

None of these

Letters are folded by:

Choose an answer

Folding machine

Sealingmachine

Staplermachine

All are correct

A shopkeeper who buys goods in a less quantity and sells it to consumer is called:

Choose an answer

Wholesaler

Retailer

Producer

Agent

In order to wind up the sole tradership

Choose an answer

The acceptance of the government is sought

No legal process is required

The meeting of administration is

The will of the friends is required

If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called

Choose an answer

Open indent

Close indent

Both a and b

None of these

Which factor plays an important role in improving the standard of living of the people and economic development:

Choose an answer

Trade

Industry

Commerce

All the above

The company that insures is called:

Choose an answer

Insured

Acceptor

Proposer / Insurer

Business company

The profit given to shareholder on their investment by a company is called:

Choose an answer

Debenture

Share

Dividend

Bonus

How many types of copying machines

Choose an answer

3

4

5

6

The letters sent for personal or domestic matters are called:

Choose an answer

Formal letters

Routine letters

Personalletters

None of these

Partnership business as compared to sole tradership is:

Choose an answer

More flexible

Less flexible

Not flexible

May be in all forms

In case of emergency, foreign trade makes the supply of goods

Choose an answer

Easy

Difficult

Unimportant

Important

Partnership business as compared to sole tradership

Choose an answer

More flexible

Less flexible

Not flexible

May be in all forms

Helps of facilitates the trade:

Choose an answer

Business organizations

Retailers

Trade auxiliaries

National organizations

Methods of filing:

Choose an answer

Horizonal and vertical

Arch and horizontal

Arch and vertical

None of these

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer