Question # 1

Two types of industry

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Constructive, genetics

Extractive, genetics

Primary, secondary

Constructive, manufacturing

There is an increase in following production because of home trade:

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Foreign

National

Regional

Domestic

The broker agent gets for his services

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Commission

Profit

Surplus commission

Brokerage

Insurance is an agreement in which the insurer

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Gives profit

Gives interest

Compensates loss

All the above

Not suitable for huge size and heavy goods:

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Air transport

Railwaytransport

Roadtransport

Watertransport

How many important terms of import trade

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18

19

20

21

If any partner is not in a position to compensate the business loss called:

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Retired partner

Active partner

Weak partner

Insolvent partner

Which company requires a certificate of commencement

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Public company

Private company

Chartered company

All the above

The source of importing goods

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Wholesaler

Indent firm

Foreign purchase office

All the above

Less capital is needed for which means of transport

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Water

Road

Air

All the above

A person who deals in ready made items is

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Manufacturer

Worker

Trader

Distributor

Whose role is important in trade:

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Trade

Producer

Consumer

All the three

The notice of special resolution must be given to the members

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21 days before

37 days before

33 days before

14 days before

If the copy of letter is to be sent to another person then the written word is called

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C.C

P.C

T.C

P.G

What is necessary for the formation of chamber of commerce and industry

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Constitution of chamber of commerce and industry

Rules and regulation of chamber of commerce and industry

Both a and b

None of these

Selling the goods in large quantity on low profit results in

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More profit

Less profit

Reasonable profit

No profit

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