11th Principles of Commerce MCQS Chapter 2

11th Principles of Commerce MCQS
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Commerce means the activities which help in
Transportation of goods
Transferring goods from factory to consumers
Buying and selling of goods
None of the above

Industry includes those activities which are related to
All the above
Preparation of goods and services
Sale of goods
Selling and buying of goods

Industry is the component of
Government service
Business
Commerce
Trade

Two important components of the business
Industry and commerce
Trade and commerce
Profit and loss
Trade and industry

Helps or facilitates to trade
Retailers
Trade auxiliaries
National organizations
Business organizations

Trade is the component of
Industry
Commerce
Agriculture
None of these

Commerce and business
The scope of business is wider than commerce
The scope of commerce is wider than business
Both have the same scope
Both have a wider scope than each other

Secondary industry can be divided into two parts
Constructive, manufacturing
Constructive, extractive
Constructive, genetics
Extractive, genetics

Trade means
Retailing
Import and export
Wholesaling
All the three

Commerce is the component of
Government service
Business
Trade
Industry

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