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Online Tests
Principle of Commerce Icom Part 1 English Medium Online Test MCQs With Answers
Question # 1
Primary industry can be divided into two parts
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Extractive, genetics
Constructive, genetics
Extractive, secondary
Construcive, manufacturing
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Question # 2
Not included in communication machines:
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Telephone
Dictation machines
Tele-printer
Folding machines
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Question # 3
The voyage policy is taken for
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Specific voyage
Specific centres
Specific person
Voyage of different countries
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Question # 4
The membership of chamber is given to
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Large industrial and commercial associations
Medium industrial and commercial associations
Small industrial and commercial associations
All the above
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Question # 5
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
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Question # 6
Middlemen means those persons who:
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Buy goods from the retailer
Buy goods from the wholesaler
Help in transferring goods from producer to consumer
Buy items from manufacturer
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Question # 7
Which is the modern and developed means of transportation of goods and passengers:
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Water
Air
Land
All the above
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Question # 8
A wholesaler makes it easy for
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Retailer
manufacturers
Retailer and manufacturers
None
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Question # 9
At cut price shop, the things are always sold:
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On cash
On credit
Both cash and credit
In exchange of things
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Question # 10
What does a company issue to get loan from the public
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Shares
Debentures
Dividend
All the three
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Question # 11
The advertisement
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Increases money
Saves money
Is wastage of money
Decreases money
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Question # 12
Selling the goods in large quantity on low profit results in
Choose an answer
More profit
Less profit
Reasonable profit
No profit
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Question # 13
The govt. has monopoly in
Choose an answer
Railway transport
Air transport
Road transport
Water transport
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Question # 14
An official letter is a cheap means of communication as compared to other means due to its less cost
Choose an answer
Cheap means
Settlement of disputes
Written proof
None of these
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Question # 15
Choose the characteristics of warehouse
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Proper space
Proper location
Transport facility
All the above
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Question # 16
Types of accidental in insurance are
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Four
Two
Three
One
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