Question # 1

The members of chamber of commerce and industry can be:

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Local persons

Foreign persons

Both

None of these

Industry is the component of:

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Commerce

Trade

Business

Government service

Important types of means of transport are:

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Four

Three

Two

Five

Primary industry can be divided into two parts

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Extractive, genetics

Constructive, genetics

Extractive, secondary

Construcive, manufacturing

Which business organization can be dissolved through a legal procedure:

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Sole tradership

Partnership

Joint Sock Company

None of these

The advertisement

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Increases money

Saves money

Is wastage of money

Decreases money

In sole tradership, the responsibility of loss is on:

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The manger

Many people

A single person

The employees

The reference number is written after writing the heading in the letter

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On left side

On right side

In the end

None of these

The basic aim of a co-operative society is

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To store goods

To earn profit

The welfare of members of society

All the above

The wholesaler gives order to manufacturer:

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In advance

On spot

According to need

None of the above

The success of tradership is dependent to:

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The administration

The capability of the manger

The capability of sole trader

The cooperation of friends

Due to means of transportation, the production of goods is possible on

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Large scale

Small scale

Middle scale

None of these

The goods are sold in a chain store at

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One price

Different prices

Fixed price

All the above

Not suitable for huge size and heavy goods:

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Air transport

Railwaytransport

Roadtransport

Watertransport

Industry is the component of

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Commerce

Trade

Business

Government service

The important source of sending a voice message is:

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Television

Radio

Video cassette

None of these

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

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