Commerce MCQS with Answers for NTS Set 1

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Commerce MCQS with Answers for NTS


Industry is a part of
Trade
 Finance
Business
Commerce

International trade helps in
Stabilizing the price
All correct
Abolishment of monopoly
Increasing the production

Retailer sells goods to
Wholesaler
Hawkers
Industrialist
Consumers

Industry relates to
Trade
Exchange of goods
Production of good
Purchasing and selling of goods

The formation of Joint stock Company is maintained under
Company Act,1984
Company Act ,1911
Company Act,1972
Company Act,1932

The primary object of cooperative society is to
Earn profit
To make Allah Happy
Member’s welfare
Not to earn profit

The new latest machine of calculating is
Computer
Posting machine
Invoicing machine
Calculator

Literal meanings of trade are
Buying and selling
To exchange
To remove hindrance of time
Business

Which business organization can sale its shares to public:
Private Limited Company
Partnership
Public Limited Company
Sole proprietorship

The maximum strength of Public Ltd Company’s shareholders is
No limit
50
100
20

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