11th Principles of Commerce MCQS Chapter 2

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11th Principles of Commerce MCQS


Two types of industry
Constructive, manufacturing
Extractive, genetics
Primary, secondary
Constructive, genetics

Primary industry can be divided into two parts
Construcive, manufacturing
Extractive, secondary
Extractive, genetics
Constructive, genetics

Commerce is related to
All the above
Sale of goods
Distribution of goods
Purchase of goods

Imports and exports are the kinds of
Provincial trade
Foreign trade
None of these
Home trade

The literal meaning of trade is
Buying and selling
Removal of human obstacles
Business
Exchange
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