More Classes

5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject

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

Question # 1

The membership of chamber is given to:

Choose an answer

Large industrial and commercial associations

Mediumindustrial and commercial associations

Smallindustrial and commercial associations

All the above

Skip

Question # 2

In Modaraba the person who works is called

Choose an answer

Worker

Principle

Rab-ul-Mal

Modarib

Skip

Question # 3

A company can sell its shares on the allowing prices:

Choose an answer

At par

At discount

At premium

All the above

Skip

Question # 4

The minimum number of directors in a multi-members private ltd. company

Choose an answer

Five

Seven

Two

Not fixed

Skip

Question # 5

If goods are bought from another country for exporting, it is called

Choose an answer

Export trade

Import trade

Entrepot trade

None of these

Skip

Question # 6

The agent who sells and buys goods of all kinds is called:

Choose an answer

Commission agent

Underwritter

Broker

Exporting agnet

Skip

Question # 7

The person to whom the letter is written is:

Choose an answer

Addressee

Attention line

Truly

None of these

Skip

Question # 8

To increase business, small packets of goods are and distributed among the people at

Choose an answer

Less price

Free of cost

Original price

More profit

Skip

Question # 9

Primary industry can be divided into two parts

Choose an answer

Extractive, genetics

Constructive, genetics

Extractive, secondary

Construcive, manufacturing

Skip

Question # 10

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

Choose an answer

One

Two

Three

All

Skip

Question # 11

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

Choose an answer

Capital

Heart

Brain

None of these

Skip

Question # 12

A company formed by the royal order is:

Choose an answer

Modarba company

Chartered company

Statutory company

Registered company

Skip

Back