Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf Chapter No 08

by
Print/Downlaod pdf

MCQsFoundry.com brings to you 500+ Principles of Commerce ICOM Mcqs which are new and latest. These Mcqs are never published on internet so far. For full information about all PPSC / FPSC / CSS / PMS latest jobs visit theiteducation.com

Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf
Top Principles of Commerce ICOM Subject Mcqs Pdf Download
01Principles of Commerce ICOM Mcqs Chapter 0102Principles of Commerce ICOM Mcqs Chapter 02
03Principles of Commerce ICOM Mcqs Chapter 0304Principles of Commerce ICOM Mcqs Chapter 04
05Principles of Commerce ICOM Chapter 0506Principles of Commerce ICOM Chapter 06
07Principles of Commerce ICOM Mcqs Chapter 0708Principles of Commerce ICOM Mcqs Chapter 08
09Principles of Commerce ICOM Mcqs Chapter 0910Principles of Commerce ICOM Mcqs Chapter 10
11Principles of Commerce ICOM Mcqs Chapter 1112Principles of Commerce ICOM Mcqs Chapter 12
13Principles of Commerce ICOM Mcqs Chapter 1314Principles of Commerce ICOM Mcqs Chapter 14
15Principles of Commerce ICOM Mcqs Chapter 1516Principles of Commerce ICOM Mcqs Chapter 16
17Principles of Commerce ICOM Mcqs Chapter 1718Principles of Commerce ICOM Mcqs Chapter 18
19Principles of Commerce ICOM Mcqs Chapter 1920Principles of Commerce ICOM Mcqs Chapter 20
Top 500+ New Principles of Commerce ICOM MCQs with Answers | Download PDF

Chapter # 08

Co-operative Society

Encircle the most appropriate answer from the following options

1 The basic aim of a co-operative society is:

  1. To store goods
  2. The welfare of members of society
  3. To earn profit 
  4. All the above

2. Co-operative society started in:

  1. 1840
  2. 1844
  3. 1845
  4. 1850

3. In Pakistan, a co-operative society is established under the following act:

  1. 1920
  2. 1925
  3. 1930
  4. 1935

4. Who provides the capital for co-operative society:

  1. Government   
  2. Members
  3. Banks
  4. None of these

5 What are the capital sources of co-operative society:

  1. Fee of members        
  2. By selling shares to members
  3. Both (a) and (b)
  4. National and international institutions

6. A cooperative society is established by:

  1. government institutions
  2. Financially weak consumer
  3. Capitalists       
  4. All the people

7. The minimum number of members in a co-operative society:

  1. Two    
  2. Twenty
  3. Five    
  4. Ten

8. What is excluded from a co-operative society:

  1. Consumer      
  2. Capitalist
  3. Retailer
  4. Wholesaler

9. The price of the share of society is:

  1. Equal to the face price        
  2. Less than the face price
  3. Above the face price 
  4. All the above

10. Maximum number of members in a co-operative society:

  1. Ten     
  2. Fifty
  3. Twenty           
  4. None of these

11.The shares of a cooperative society can be transferred

  1. After 6 months           
  2. At any time
  3. All are wrong  
  4. After 1 year

12. The management committee of society is elected by

  1. Shareholders
  2. The will of one person
  3. Government   
  4. All are correct

13. If a co-operative society is working in more than one province, then it is registered under the Act of:

  1. 1925   
  2. 1932
  3. 1913
  4. 1942

14. Who cannot be a member of co-operative society:

  1. Govt. Servant
  2. Minor person
  3. Illiterate person           
  4. None of these

15. The liability of shareholders in co-operative society is:

  1. Limited
  2. Unlimited
  3. Both (a) and (b)
  4. None

16. The shares of cooperative society:

  1. Can be sold in market
  2. Can be used as security
  3. Cannot be sold in market
  4. All are correct

<Previous Chapt
Take Quiz No 08
Next Chapter >

Post Views: 921