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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Industry is the component of
Choose an answer
Commerce
Trade
Business
Government service
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Question # 2
A retailer has direct contact with:
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Consumers
Wholesaler
Both (a) and (b)
Manufacturer
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Question # 3
What does a company get from the prospectus:
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Capital
Fame
Registration
All the three
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Question # 4
An agent who sells goods only for a specific organization is called:
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Common agent
Travelling agent
Special agent
Non of these
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Question # 5
What is the time duration in which a public company is bound to call a general meeting after getting certificate of incorportaion:
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6 months
9months
12months
16months
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Question # 6
The letter of credit is opened on the request of:
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Importer
Exporter
Government
None of these
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Question # 7
An ordinary resolution is passed for:
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Winding up of company
Section of statutory company
Not announcing the dividend
All of them
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Question # 8
How many methods of selling goods in foreign countries
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5
7
8
9
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Question # 9
Short term financing helps in meeting the
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Seasonal requirements of business
Emergency expenses
Both a and b
None of these
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Question # 10
The methods of selling goods in foreign countries
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Advertisement
Personal visit
Travelling agents
All of the above
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Question # 11
Who does accept and indent:
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Exporter
Importer
Government
None of these
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Question # 12
On the death of the insured, sum is paid to
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Friends
Dependents
Relatives
Insurer
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Question # 13
Types of accidental in insurance are
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Four
Two
Three
One
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Question # 14
Messages are sent from one place to another immediately by
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Personal visit
Telephone
Tele-printer
None of these
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Question # 15
The government issued Modaraba ordinance in:
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January 1980
January 1981
January 1979
January 1984
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Question # 16
The minimum under of persons in a listed public company
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Seven
Eleven
Five
Two
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