Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf Chapter No 09

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Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf
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Chapter # 09

Home Trade

Encircle the most appropriate answer from the following options

1 Kinds of home trade:

  1. Two   
  2. Three
  3. Four    
  4. None

2. Home trade does not include:

  1. Producers
  2. Wholesaler
  3. Importers
  4. Retailers

3. Whose role is important in trade:

  1. Producer        
  2. Consumer
  3. Trader
  4. All the three

4. Because of home trade, the goods are traded in:

  1. Half of the country     
  2. One province
  3. Whole country          
  4. Foreign country

5 There is an increase in following production because of home trade:

  1. Foreign           
  2. Regional
  3. National         
  4. Domestic

6. Due to progress in home trade, the following problem is solved:

  1. Unemployment
  2. Foreign country
  3. Investment
  4. All of the above

7 Not in home trade:

  1. Foreign currency
  2. Stability in price
  3. Tax savings
  4. Decrease in expenditure

8. In home trade, the traders are related from:

  1. One city
  2. Two different province country
  3. Two different cities of one country    
  4. All of the above

9 A document having the detail of sold goods is:

  1. Invoice           
  2. Inquiry letter
  3. Debit note       
  4. Payment receipt

10 Kinds of home trade:

  1. Retail and wholesale trade
  2. Wholesaling & import trade
  3. Import & export trade
  4. All of the above

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