Half Yearly Model Question Paper 2019

11th Standard

    Reg.No. :
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Commerce

Time : 02:30:00 Hrs
Total Marks : 90

    Part I

    Answer all the questions.

    Choose the most suitable answer from the given four alternatives and write the option code with the corresponding answer.

    20 x 1 = 20
  1. Trade and Commerce was common to ____________ Dynasty.

    (a)

    Pallava

    (b)

    Chola

    (c)

    Pandiya

    (d)

    Chera

  2. Occupations may be classified into _______ categories.

    (a)

    One

    (b)

    Two

    (c)

    Three

    (d)

    Four

  3. Industries which are engaged in construction of dames, bridges, roads, etc are called as.

    (a)

    Construction Industries

    (b)

    Genetic Industries

    (c)

    Manufacturing Industries

    (d)

    Extractive Industries

  4. From the following which one is Non-corporate form of business?

    (a)

    Joint stock company

    (b)

    Sole trading business

    (c)

    Government company

    (d)

    Co-operatives

  5. When his business assets are not sufficient to pay off the business debts, he has to pay from his personal property.

    (a)

    Unlimited Liability

    (b)

    Flexibility

    (c)

    Small capital

    (d)

    Limited Liability

  6. For borrowing a debt, a joint-stock company issues_____________.

    (a)

    shares

    (b)

    debentures

    (c)

    prospectus

    (d)

    articles of association

  7. Co-operation is a mid-way between------------

    (a)

    Capitalism and Communism

    (b)

    Socialism and Feudalism

    (c)

    Capitalism and Socialism

    (d)

    Capitalism and feudalism

  8. ------------is a market condition where there are very few sellers in the same product line.

    (a)

    Oligopoly

    (b)

    Monopoly

    (c)

    Market condition

    (d)

    Perfect competition

  9. The primary objective of the state enterprises is to --------------

    (a)

    Earn profit

    (b)

    Provide Employment

    (c)

    Serve the People

    (d)

    All the Above

  10. When did India carry out demonetization?

    (a)

    Nov 8, 1996

    (b)

    Nov 8, 2016

    (c)

    Nov 8, 2006

    (d)

    Nov 8, 2017

  11. Which bank is not a Industrial Bank?

    (a)

    ICICI

    (b)

    HSBC

    (c)

    SIDBI

    (d)

    IDBI

  12. ____________ warehouses are licensed by the government and are permitted to accept the goods on bond.

    (a)

    Bonded

    (b)

    Private

    (c)

    Cold storage

    (d)

    Co-operative

  13. The model that identifies alternatives, criteria for decision making and analyse alternatives to arrive at the best choice is 

    (a)

    Routing Model

    (b)

    Scheduling Model

    (c)

    Inventory Model

    (d)

    Alternative analysis

  14. Assuming Social Responsibility of business helps the enterprise in ____

    (a)

    Increase Profit

    (b)

    Decrease Profit

    (c)

    Sustainability

    (d)

    Equilibrium

  15. _____________bench making is a direct competitor-to-competitor comparison of a product, service process or method.

    (a)

    Internal

    (b)

    Competitive

    (c)

    functional

    (d)

    generic

  16. Equity shareholders are the ______ of a company

    (a)

    Creditors

    (b)

    Owners

    (c)

    Debtors

    (d)

    Employees

  17. Depository receipts that are traded in an International market other than the United states are

    (a)

    Global depositary receipts

    (b)

    International Depositary receipts

    (c)

    Open market depositary receipts

    (d)

    Special Drawing Rights.

  18. Example for Micro Financial Institution is ..........

    (a)

    IFC

    (b)

    SFC

    (c)

    IDBI

    (d)

    MUDRA BANK

  19. When goods are Imported for the purpose of Export is called as _____.

    (a)

    Foreign Trade

    (b)

    Home Trade

    (c)

    Entrepot Trade

    (d)

    Trade

  20. The hiring of entire ship for a specific time period is called ______

    (a)

    Shipping order

    (b)

    Voyage Charter

    (c)

    Charter Party

    (d)

    Time Charter

  21. Part II

    Answer any 7 questions. Question no. 30 is compulsory.

    7 x 2 = 14
  22. What are all the supports of trade network in Pandiya Country?

  23. Name the activity which facilitates buying and selling. Explain briefly about it?

  24. What do you mean by Dock Receipt?

  25. What is Cash Reserve Ratio?

  26. What is meant by crossing of a cheque?

  27. What are International Flights?

  28. Who is a factor?

  29. What is Export-Import Bank?

  30. What is GATT?

  31. Mention the components of Official Capital?

  32. Part III

    Answer any 7 questions. Question no. 40 is compulsory.

    7 x 3 = 21
  33. What is limited capital?

  34. Explain the nature of liability of Karta.

  35. What is meant by Foreign Company?

  36. Give examples of Multinational Companies.

  37. What are the different kinds of organisation that come under the public sector?

  38. State the traditional functions of RBI.

  39. Write a short note on Local Area Banks. Give two examples.

  40. What are all the notified documents for the proof of identity?

  41. Differentiate warehouse warrant from warehouse receipt.

  42. Write a note on IRDAI.

  43. Part IV

    Answer all the questions.

    7 x 5 = 35
    1. State the features of Departmental Stores. 

    2. Enumerate the disadvantages of International Trade?

    1. Write a note on FII.

    2. What are the characteristics of Retailer?

    1. Explain the functions performed by the warehousing.

    2. Explain the types of Ocean Transport:

    1. You are a newly appointed MD of a foreign sector tourist Bus transport company. The management of the bus Transport undertaking of your city finds that its buses are not able to attract very many tourists. Private Mini-Buses are seen to be preferred by people on certain routes. As a result, the undertaking is incurring losses. Therefore, management wants to reformulate its price policy. As a CEO or MD, what advice can you give to it? Explain.

    2. Classify the various functions of Reserve Bank of India.

    1. Whether misuse of funds is possible in Co-operative.

    2. Public enterprises are established to achieve the goal of economic and social development of the country. They are managed and controlled by Central or State Governments through ministers or government officials. Many times their poor performance i influences the policy formulation and running of the enterprise into loss. Even the big business houses use their influence and get the policies formulated in their favour. State the role of ministers or government to frame the policies for the success of public enterprises.

    1. What is the implied authority of Karta?

    2. What are Disadvantages of the Company form of organization?

    1. Write short notes on :
      (a) Analytical Industry
      (b) Genetic Industry and
      (c) Construction Industry

    2. Explain the importance of 'High credit standing in sole trading concern.

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