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Public Exam Model Question Paper 2019 - 2020

11th Standard

    Reg.No. :
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Commerce

Time : 02:45:00 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. Which one helps in announcing the arrival of new products and their uses to the people?

    (a)

    Advertising

    (b)

    Banking

    (c)

    Trade

    (d)

    Transport

  2. The Primary objective of a business is

    (a)

    Making Profit

    (b)

    Not making Profit

    (c)

    Special Skill

    (d)

    None of the above

  3. Inventors are example of ..................service.

    (a)

    Distributive

    (b)

    Financial

    (c)

    Quaternary

    (d)

    Quinary

  4. 'Only the male members in the family get the right of inheritance by birth' as ________

    (a)

    Hindu law

    (b)

    Mitakshara Law

    (c)

    Dayabhaga law

    (d)

    None of these

  5. The relationship between outsiders and the company is defined in ___________

    (a)

    Prospectus

    (b)

    Articles of Association

    (c)

    Memorandum of Association

    (d)

    Certificate of Incorporation

  6. The first ever Cooperative Society was started in the year_______________

    (a)

    1944

    (b)

    1844

    (c)

    1488

    (d)

    1864

  7. Government companies are registered under.............

    (a)

    Special statute of Government

    (b)

    Companies Act, 1956

    (c)

    Royal charter

    (d)

    Order of the Government

  8. Which of the following is not a function of a Central Bank?

    (a)

    Guiding and regulating the Banking system of a Country

    (b)

    Deal with general public

    (c)

    Acts essentially as government banker

    (d)

    Maintains deposit accounts of all other banks

  9. The largest commercial bank of India.

    (a)

    ICICI

    (b)

    SBI

    (c)

    PNB

    (d)

    RBI

  10. _______ refers to the assumption of responsibility for the storage of goods.

    (a)

    Warehouse

    (b)

    Warehousing

    (c)

    Bond

    (d)

    Marketing

  11. Transport removes the hindrance of

    (a)

    Time

    (b)

    Place

    (c)

    Personal

    (d)

    Knowledge

  12. ____________policy provides a continuous insurance protection automatically during, the period for which the policy is issued.

    (a)

    Floating

    (b)

    Voyage

    (c)

    Hull

    (d)

    Open cover

  13. A business can improve its image in public by assuming ...................... obligations.

    (a)

    profit

    (b)

    mutual

    (c)

    social

    (d)

    advertising

  14. The ethical conduct of employees leading to standard practices results in

    (a)

    Good behaviour

    (b)

     Bad behaviour

    (c)

     Ethical behaviour

    (d)

    Correct decision making

  15. __________bond is a special type of bond issued in the currency other than the home currency.

    (a)

    Government Bonds

    (b)

    Foreign Currency Convertible Bond

    (c)

    Corporate bonds

    (d)

    Investment Bonds

  16. Investment limit of small enterprises under services sector does not exceeds ......crores.

    (a)

    1

    (b)

    2

    (c)

    4

    (d)

    5

  17. The purchase of goods from Foreign Country is called _____.

    (a)

    Import

    (b)

    Export

    (c)

    Entrepot

    (d)

    Re-export

  18. __________is a key task of large and small retailers.

    (a)

    Risk management

    (b)

    Stock management

    (c)

    Crisis management

    (d)

    All the above

  19. ____________is issued by the bank to make sure about the credit worthiness of the importer.

    (a)

    Letter of credit

    (b)

    Bill of lading

    (c)

    Documentary bill

    (d)

    Documents against payment

  20. The headquarters of International Finance Corporation was situated in ________

    (a)

    Europe

    (b)

    Washington

    (c)

    Chennai

    (d)

    Florida

  21. Part II

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

    7 x 2 = 14
  22. List out the Important Hindrance of Business.

  23. Write any two examples of Joint Hindu Family business run in India?

  24. What are the aims of Credit Co-operative Society?

  25. What are the examples of Departmental Undertaking?

  26. Write the meaning of 'Bank.

  27. What is Public awareness?

  28. What are MNCs?

  29. What is Mutual Funds?

  30. Expand MUDRA bank.

  31. Necessity for world as global village through IMF IBRD and SAARC

  32. Part III

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

    7 x 3 = 21
  33. What is meant by Private Company?

  34. What are the disadvantages of MNC's?

  35. How does the state enterprises bring in balanced economic growth?

  36. Who are the persons involved in RBI administration?

  37. What is 'Foreign Exchange Bank'?

  38. Differentiate Common Carrier and Private Carrier.

  39. List the steps in factoring process.

  40. Describe the significance of Business finance.

  41. Explain the features of Multiple Shop

  42. What are the Debit items shown in Current Accounts?

  43. Part IV

    Answer all the questions.

    7 x 5 = 35
    1. What are the arguments against Social Responsibility?

    2. Discuss different kind of GST.

    1. Briefly explain the Electronic Banking Functions:(Any Five)

    2. Explain the classification of contract on the basis of the validity.

    1. Explain the functions of Central Warehouse Corporation (CWC)?

    2. Explain the types of Internal Trade

    1. Explain the various types of Insurance.

    2. What is ADR? What are its features? what are the procedure for issuing ADR?

    1. Ashok is an industrial designer by training. He had the opportunity to learn the technology of fibre glass manufacture while he was in Germany for his training. He plans to set up a plant for the manufacture of fibre glass in India and is able to interest some financiers and technologists. It is estimated that the initial investment in the plant will be of the order of Rs 50 lakhs. Ashok and others decide to set up a company for the purpose. Should they set up a public limited company for the purpose? If so, how should they go about it? If not, what-alternative would you suggest? What formalities will be required of Ashok and his associates if they choose the alternative form of organization suggested by you?

    2. Describe the code of business ethics.

    1. Explain the characteristics of Business.

    2. Explain any two documents used in Transportation:

    1. What are the advantages and disadvantages of Departmental undertaking?

    2. Explain the various types of banks based on organisation with examples.

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