(A) large-scale retailers
(B) factory outlets
(C) voluntary chains
(D) subsidized warehouses
The answer is: (A) large-scale retailers
Category: Commerce MCQs FPSC NTS PPSC Past Papers Test Questions
Commerce MCQs quiz test questions with answers. Commerce and trade multiple choice questions for test preparation including MCQs from FPSC NTS PPSC SPSC KPPSC Past Papers.
The World Trade Organization is the successor organization of
(A) ECO
(B) GATT
(C) NAFTA
(D) League of Nations
The answer is: (B) GATT
The World Trade Organization (WTO) is the successor organization of General Agreement on Tariffs and Trade (GATT).
Which type of retailer sells a limited range of products and uses national advertising?
(A) local department store
(B) supermarket
(C) specialty chain store
(D) variety chain
The answer is: (C) specialty chain store
How are commercial services and direct services interrelated?
(A) Commercial services depend on direct services
(B) Buying and selling are examples of direct services
(C) Direct services include advertising, accounting and medical services
(D) Tertiary production consists of commerce and direct services
The answer is: (D) Tertiary production consists of commerce and direct services
Finished goods not immediately required for the next stage require
(A) advertising
(B) communications
(C) transport
(D) warehousing
The answer is: (D) warehousing
According to UNCTAD, maritime transport accounts for ________ of international trade.
(A) 50%
(B) 60%
(C) 70%
(D) 80%
The answer is: (D) 80%
The international organization UNCTAD is United Nations Conference on
(A) Transportation and Demand
(B) Trade and Development
(C) Tariff and Demand
(D) Tariff and Deployment
The answer is: (B) Trade and Development
The United Nations Conference on Trade and Development (UNCTAD) is an intergovernmental organization to promote the interests of developing countries in world trade.
Exports are _____ and imports are _____.
(A) debits, credits
(B) credits, debits
(C) assets, liabilities
(D) liabilities, assets
The answer is: (B) credits, debits
What document will be sent to a buyer when the buyer returns some damaged goods?
(A) order
(B) receipt
(C) quotation
(D) credit note
The answer is: (D) credit note
An asset that pays the regular interest payments and repay the original amount at the maturity is known as
(A) stock
(B) share
(C) bond
(D) mortgage
The answer is: (C) bond