Question # 1

Who does write the delivery order:

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Exporter

Owner of goods at port

Importer's bank

Govt. agnet

By storing some items in the warehouses for a long period of time

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Price increases

Price decreases

price remains stable

Items perishes

The management of multiple shops is controlled by

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Central office

Provincial office

Regional office

Any office

The objective of life insurance is to:

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Make investment

Lessen the financial burden

Get security for loan

All of above

Small and medium scale industrial and trade centers are given the name of:

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Group members

Chamber members

Associate members

None of these

How many problem in home trade

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7

8

9

10

Whose signature is important on statutory report of the company:

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Shareholders

Promoters

Directors

Auditors

A company in which at least 51% shares are held by the govt. is called:

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Chartered company

Public company

Statutory company

Government company

If any business organization is considered as a body then office is its

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Capital

Heart

Brain

None of these

State the procedure or steps of exporting goods are

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Obtaining and acceptance of indent

Registration

Obtaining license

All of these

Which is the modern and developed means of transportation of goods and passengers:

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Water

Air

Land

All the above

What is excluded from a co-operative society

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Consumer

Retailer

Wholesaler

Capitalist

An agent appointed for sending goods to other countries is called

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Export agent

Import agent

Forwarding agent

Clearing agent

Liability of shareholders in a joint stock company is:

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Limited

Unlimited

None

All are correct

The style of an official letter is

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Personal / private

Individual

Non-individual

All of these

According to Jiwan Sathi insurance,, the husband and wife are provided with financial security in:

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One installment

Two installment

Three installment

Fourinstallment

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

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