PU COM 2026 Introduction to Commerce Free Quiz 1

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PU COM 2026 Introduction to Commerce Free Quiz 1

PU COM Quiz

10:00

Answered: 0 / 10

Remaining: 10

Navigator 10 Q

General

General 10 MCQs

1. What is commerce?

A. Buying and selling of goods and services B. Production of goods C. Consumption of goods D. Distribution of goods

2. What is the scope of commerce?

A. Only trade B. Trade and aids to trade C. Only industry D. Only services

3. Why is commerce important?

A. Only distribution of goods B. Only creating employment C. Distribution, employment, and economic growth D. Only economic growth

4. What is trade?

A. Production of goods B. Consumption of goods C. Distribution of goods D. Buying and selling of goods

5. What is industry?

A. Production of goods or services B. Buying and selling C. Commerce D. Business

6. What are aids to trade?

A. Banking only B. Banking, transportation, insurance, warehousing, advertising C. Transportation only D. Warehousing only

7. What are economic activities?

A. Non-economic activities B. Social activities C. Economic activities D. Political activities

8. What does business include?

A. Only commerce B. Only trade C. Only industry D. Commerce, trade, and industry

9. What is the main objective of commerce?

A. Facilitate exchange between producers and consumers B. Production of goods C. Consumption of goods D. Distribution of goods

10. What is the chain of commerce?

A. Trade → production → consumption B. Production → trade → aids to trade → consumption C. Consumption → production → trade D. Aids to trade → trade → production

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