Question # 1

Primary industry can be divided into two parts/types:

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Extractive, genetics

Constructive, genetics

Extractive, secondary

Constructive, manufacturing

Choose the importance of warehousing

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Seasonal production

Seasonal demand

Processing

All the above

Human activities consist of following activities:

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Un-commended

Commanded

Commanded and un-commanded

None of the above

The minimum number of persons in a public ltd. company

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Thirty five

Fifty

Unlimited

Twenty

What are the advantages of means of transportation ?

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Industrial development

Stability in prices

Expansion of market

All the above

The first part of a business letter is:

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Reference no.

Heading

Subject line

None of these

The wholesaler gives order to manufacturer:

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In advance

On spot

According to need

None of the above

In Pakistan, a co-operative society is established under the following act

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1920

1925

1930

1935

The exporter gets the certificate of origin from:

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Chamber of commerce

Custom officials

Importing bank

Exporting banks

People who run the management of a joint stock company are:

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Shareholders

Creditors

Directors

Debenture holders

Which business organization can be dissolved through a legal procedure

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Sole tradership

Partnership

Joint stock company

None of these

We can transfer more goods through which means of transport

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Railway

Truck

Air plane

Wagon

Public warehouse are the property of

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Government

Different persons

Factories

Private organizations

The formation of sole tradership as compared partnership is:

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Easy

Difficult

Same (No difference)

All of the above

Which warehouses are the private property of business centers

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Government

Private

Bonded

None of these

The wholesaler gives order to manufactures

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In advance

On spot

According to need

None of the above

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

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