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.

An investment should be accepted if

(A) Rate of Return > Opportunity Cost
(B) Rate of Return < Opportunity Cost
(C) Rate of Return = Opportunity Cost
(D) A, B and C are irrelevant

The answer is: (A) Rate of Return > Opportunity Cost

A company sent a job offer letter to a candidate.

Q. A company sent a job offer letter to a candidate. The candidate sent the acceptance letter on 2 May 2020 and the company received the letter on 4 May 2020. The communication of acceptance is completed on
(A) 2 May 2020
(B) 4 May 2020
(C) 3 May 2020
(D) 2 or 4 May 2020

The answer is: (A) 2 May 2020

International Trade figures (in million dollars) of a country are given below:

Q. International Trade figures (in million dollars) of a country are given below:
Value of goods exported: 100
Value of goods imported: 120
Spending by citizens on foreign travel: 30
Services provided to foreign visitors: 10
What was the Balance of Payments (in million dollars) for this country?
(A) $20 million
(B) $40 million
(C) –$20 million
(D) –$40 million

The answer is: (D) –$40 million [Money In (100+10) – Money Out (120+30) = –40]