Question # 1

The source of importing goods

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Wholesaler

Indent firm

Foreign purchase office

All the above

The language of official letter is generally:

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Typical

Definite

Both

Courteous

Which ship travels on regular route and follows its time schedule strictly

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Tramp

Liner

Tanker

None of these

Amount spent on advertisement is

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Heavy

Less

Reasonable

Nil

Whose signature is important on statutory report of the company:

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Shareholders

Promoters

Directors

Auditors

Helps of facilitates the trade:

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Business organizations

Retailers

Trade auxiliaries

National organizations

If a person having a property of two lakhs and insurance of fifty thousand, then in case of loss the company will pay:

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25 thousand

50 thousand

1 lakh

Nothing

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

Through correspondence, business.

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Expands

Contracts

Has negative effects

None of these

The voyage policy is taken for

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Specific voyage

Specific centres

Specific person

Voyage of different countries

In demi-official letter, an addressee is addressed by his:

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Post

Name

Surname

All are correct

Commerce is related to:

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Distribution of goods

Sale of goods

Purchase of goods

All the above

Which insurance policy can be used as a security:

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Marine insurance

Fire insurance

Lifeinsurance

All the three

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

Number of chamber of commerce and industry in the sub-continent before independence

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55

60

65

56

Due to export trade

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Increase in employment opportunities

Increase in foreign exchange

Relations with other countries establish

All of the above

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

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