Monday , January 18 2021

NAT I-COM Principles of Commerce Test-1

NAT I-COM Principles of Commerce Test-1

This is the First Test for the Series of NTS Online NAT Test for I.COM students covering the subject Principles of Commerce (POC). This test comprise of 20 Questions relating to Principles of Commerce (POC). This test help students to Test their ability in this particular subject and it will give them confidence to sit in the NTS Exams for NAT-I.COM Test.

In public limited company, the minimum number of shareholders are:

Correct! Wrong!

The liability of the shareholders of Public Ltd. Company is:

Correct! Wrong!

International trade helps in:

Correct! Wrong!

The formation of Joint Stock Company is maintained under:

Correct! Wrong!

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The appointed directors of the company act as director for:

Correct! Wrong!

Sole proprietorship is the:

Correct! Wrong!

We call exchange of goods with goods:

Correct! Wrong!

Advertising expenses are met by:

Correct! Wrong!

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The persons who take part in the formation of the joint stock company are called:

Correct! Wrong!

A person who take parts in economic activities to earn profit is called:

Correct! Wrong!

In partnership, business decision are made:

Correct! Wrong!

Maximum number of partners in partnership business is:

Correct! Wrong!

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The document through which the public is offered to purchase the shares of the company is called:

Correct! Wrong!

Industry relates to:

Correct! Wrong!

Sole proprietorship is suitable for:

Correct! Wrong!

Correct! Wrong!

The maximum strength of Public Ltd. Company’s shareholders is:

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Word trade means:

Correct! Wrong!

In partnership, the age of minor partner is:

Correct! Wrong!

In sole proprietorship, the capital is:

Correct! Wrong!

The second important document of Joint Stock Company is:

Correct! Wrong!

NAT I-COM Principles of Commerce Test-1
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