Question # 1

If any person gets income on the basis of knowledge and skill then it is:

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Business

Economic activity

Profession

Trade

Important types of means of transport are:

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Four

Three

Two

Five

The voyage policy is taken for:

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Specific voyage

Specific centres

Specific person

Voyage of different countries

The quantity of advertisements in a departmental store is

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More

Less

Reasonable

None

An office worker should have to his credit

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Personal qualities

Physical qualities

Educational qualities

All of these

How many function of chamber

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17

18

19

20

The international trade is entirely dependent to

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Agricultural development

Industrial development

Means of transportation

Warehousing

Objective of the advertisement is to:

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Recruit old customers

Retain new customers

Both (a) and (b)

None of these

Attainment of common objectives under the guidance of the leader of organization is possible through:

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Office

Office organizations

Workers

Customers

What is prepared by the exporter on the settlements of matters

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Invoice

Consular invoice

Certificate of origin

All of these

The literal meaning of trade is

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Exchange

Buying and selling

Removal of human obstacles

Business

In order to wind up the sole tradership

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The acceptance of the government is sought

No legal process is required

The meeting of administration is

The will of the friends is required

Name of kinds of filing:

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Central and horizonal filing

Central and departmental filing

Horizontal and vertical filing

Central and vertical filing

To whom does the directors of a company submit the copy of profit and loss account:

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Company's registrar

Company's auditor

Company's creditor

None of these

What remains among different sections due to offer:

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Link / contact

Coordination

Both

None of these

At least how many partners should have a limited liability in a limited partnership:

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One

Two

Three

All

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

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