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All the ICOM students at the part I are welcome here because here we are going to offer Online Test system to them. The aim to offer this test system is to make you able to assess your practice level. Now, you will, obviously, think that how this test system will help you to assess your practice level? First, of, we will tell you that the examination or test arrange to check the capability of the students. If you will appear for the online test before going to appear for your final examination then you will, probably, take the idea that how much you can cover your final examination. Moreover, this test system is arranged in multiple choice questions. Almost all the important topics of your syllabus we discussed through multiple choice questions. Above all, you are going to attempt the test in such a format that you will face in the final examination.
ICOM Part 1 Commerce Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
ICOM students can find an online test of almost all the subjects including Online Test of Economics Subject, Online Test of Accounting Subject and so on. This page especially contains the online test of the subject Principles of Commerce. The subject gives professional knowledge based on the real commercial situation. Through this subject, students can know the process of business and its environment completely. What are the current affairs of business and on which scale the business is running around the global market? All you can discuss this subject. However, it is, somehow, difficult to overcome the subject. Students are to inform that they can also find some other Online Study Resources or Principles of Commerce Past Papers at ilmkidunya.com for professional or exceptional practice. So, join this test system to get better results.
Principle of Commerce Icom Part 1 English Medium Online Test
Try The Principle of Commerce Icom Part 1 English Medium Online Test
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Online Test
00:00
Question # 1
A person who sells goods of merchant to another person is called
Question # 2
Selling the goods in large quantity on low profit results in
Question # 3
For the poor, advisement is:
Question # 4
We can transfer more goods through which means of transport:
Question # 5
Attainment of common objectives under the guidance of the leader of organization is possible through
Question # 6
A manufacturer wholesalers make their goods:
Question # 7
Why does issue the certificate of origin for exporting goods
Question # 8
What does a business organization mean:
Question # 9
The style of an official letter is
Question # 10
Choose the function of warehouse
Question # 11
The departmental stores are generally found
Question # 12
A document having the detail of sold goods is
Question # 13
Warehousing for government is the source of
Question # 14
The cheapest source of foreign transportation for goods is:
Question # 15
Methods of filing:
Here is List Of Chapter Wise Tests
| Ch. # | Test Name | MCQs Available | PDF File | Launch Test |
|---|---|---|---|---|
| 1 | Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test | 29 | Download PDF | Launch Test |
| 2 | Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test | 30 | Download PDF | Launch Test |
| 3 | Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test | 35 | Download PDF | Launch Test |
| 4 | Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test | 40 | Download PDF | Launch Test |
| 5 | Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test | 33 | Download PDF | Launch Test |
| 6 | Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test | 41 | Download PDF | Launch Test |
| 7 | Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test | 38 | Download PDF | Launch Test |
| 8 | Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test | 29 | Download PDF | Launch Test |
| 9 | Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test | 24 | Download PDF | Launch Test |
| 10 | Principle of Commerce Icom Part 1 English Medium Chapter 10 Online Test | 24 | Download PDF | Launch Test |
| 11 | Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test | 35 | Download PDF | Launch Test |
| 12 | Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test | 30 | Download PDF | Launch Test |
| 13 | Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test | 23 | Download PDF | Launch Test |
| 14 | Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test | 20 | Download PDF | Launch Test |
| 15 | Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test | 35 | Download PDF | Launch Test |
| 16 | Principle of Commerce Icom Part 1 English Medium Chapter 16 Online Test | 31 | Download PDF | Launch Test |
| 17 | Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test | 27 | Download PDF | Launch Test |
| 18 | Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test | 35 | Download PDF | Launch Test |
| 19 | Principle of Commerce Icom Part 1 English Medium Chapter 19 Online Test | 29 | Download PDF | Launch Test |
| 20 | Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test | 25 | Download PDF | Launch Test |
| 21 | Principle of Commerce Icom Part 1 English Medium Chapter 21 Online Test | 27 | Download PDF | Launch Test |
| 22 | Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test | 23 | Download PDF | Launch Test |
| 23 | Principle of Commerce Icom Part 1 English Medium Chapter 23 Online Test | 29 | Download PDF | Launch Test |
| 24 | Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test | 25 | Download PDF | Launch Test |
| 25 | Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test | 34 | Download PDF | Launch Test |
| 26 | Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test | 25 | Download PDF | Launch Test |
Top Scorers of Principle of Commerce Icom Part 1 English Medium Online Test
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A amna nazia 22 - Apr - 2026 02 Min 11 Sec 15/15 -
M Mahnoor Rajpoot 31 - Jul - 2024 03 Min 45 Sec 14/15 -
M Muzahir Shahbaz 08 - Dec - 2025 04 Min 31 Sec 13/15 -
M Malik Riaz 13 - Jul - 2024 01 Min 56 Sec 12/15 -
F Faiqa Shahid 21 - Jul - 2024 02 Min 46 Sec 12/15 -
L Laiba Yousaf 18 - Jul - 2024 03 Min 27 Sec 12/15 -
S Saad Asif 16 - Nov - 2024 02 Min 47 Sec 11/15 -
N Noor Butt 18 - Jul - 2024 03 Min 00 Sec 11/15 -
R Relaxing Mood 18 - May - 2026 05 Min 22 Sec 11/15 -
M M Hassnain Ali 12 - Jul - 2024 08 Min 34 Sec 11/15 -
S Saba Toor 27 - Jul - 2024 01 Min 26 Sec 10/15 -
H Hiba Khan 13 - Nov - 2024 02 Min 42 Sec 10/15 -
A ayeza kousar 28 - Nov - 2024 02 Min 54 Sec 10/15 -
A Aliza Fatima 23 - Dec - 2024 02 Min 56 Sec 10/15 -
H Hamad 06 - Dec - 2024 03 Min 13 Sec 10/15
ICom Part 1 Principle of Commerce (English Medium) Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The minimum number of persons in a listed public company: |
A. Seven
B. Eleven
C. Five
D. Two
|
| 2 | A price, which includes cost of goods plus custom duty and all its relevant expenses up to this stage are called |
A. Duty paid
B. In bond price
C. Custom duties
D. Excise duty
|
| 3 | Who does write the delivery order |
A. Exporter
B. Owner of goods at port
C. Importer's bank
D. Govt. agent
|
| 4 | After the formation of a company, what is the first meeting of shareholders is called |
A. Statutory meeting
B. Annual general meeting
C. Extra ordinary meeting
D. None of these
|
| 5 | In the absence of agreement, what will be the interest rate on extra capital of a partner |
A. 4%
B. 6%
C. 10%
D. 12%
|
| 6 | The time period of short time finance is: |
A. Two years
B. More than one year
C. One and half year
D. One or less than one year
|
| 7 | Generally vowel letters help in |
A. Filing
B. Horizontal filing
C. Indexing
D. All are wrong
|
| 8 | In order to wind up the sole tradership: |
A. The acceptance of the government is sought
B. No legal process is required
C. The meeting of administration is required
D. The will of the friends is required
|
| 9 | The owner of a company are |
A. The employees of company
B. The debentureholders
C. The shareholders
D. The creditors
|
| 10 | If a co-operative society is working in more than one province, then it is registered under act of |
A. 1925
B. 1932
C. 1913
D. 1942
|
11th Class Principles of Commerce Test
Here you can prepare 11th Class Principles of Commerce English Medeium Test. Click the button for 11th Class Principles of Commerce English Medium 100% free full practice test.
Test Questions
Share your comments & questions here
Ahsan Ali Khan
26 Feb 2019I Need Your Notes
Khadija
18 Sep 2018Plz commerce k chapters PA lac b upload ker dein
irfan
07 May 2018very good websites for students