Commerce MCQS with Answers for NTS Set 1

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Commerce MCQS with Answers for NTS


The persons who form the joint stock company
Auditors
Shareholders
Mangers
Promoters

The liability of the shareholders of public Ltd Company is
Un limited
Limited
All wrong
No one

In partnership business decisions are made:
With the consultation of all the partners
According to the conditions of partnership deed
According to the business conditions
By only active partners

Advertising expenses are met by
Whole seller
Retailer
Owner of the goods
Consumers

The objective of advertisement is
Introduce the things
All of these
To reach the things to consumer
To save the things

Commerce relates to
Purchase and sale of goods
Earn profit
Exchange of goods

Development of National Trade solves the problems of
Unemployment
All of these
Water
Illiteracy

In sole-proprietorship the capital is
Limited
Unlimited
Depends upon sources of the owner

Maximum number of partners in partnership business is
21
20
2
10

The objective of advertisement is to
Reach the goods to consumers
Save the goods
Introduce the goods
All of these

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