New ! Commerce MCQ Practise Tests



Quarterly Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 02:45:00 Hrs
Total Marks : 90
    20 x 1 = 20
  1. In Pandiyas Dynasty the place where the goods are sold is  ______

    (a)

    Angadi

    (b)

    Market

    (c)

    Nalangadi

    (d)

    Allangadi

  2. The word vaniyam or vanipam would have had a ____________ origin.

    (a)

    Tamil

    (b)

    Dravidiam

    (c)

    Greek

    (d)

    None of these

  3. ___________ in Sangam period was both internal and external.

    (a)

    Sales

    (b)

    Education

    (c)

    Industry

    (d)

    Trade

  4. "Kautilya's Arthasastra" describes the economy in times of _______.

    (a)

    Aryan

    (b)

    Mauriyan

    (c)

    Cholas

    (d)

    Pandyas

  5. Activities undertaken out of love and affection or with social service motive are termed as:

    (a)

    Economic activities

    (b)

    Monetary activities

    (c)

    Non Economic activities

    (d)

    Financial Activities

  6. Horticulture is an example for________.

    (a)

    Primary industry

    (b)

    Secondary industry

    (c)

    Tertiary industry

    (d)

    Local industry

  7. Managerial skill is limited in _________

    (a)

    Partnership

    (b)

    Soletradership

    (c)

    Joints company

  8. A partnership is formed by ___________

    (a)

    agreement

    (b)

    relationship among persons

    (c)

    the direction of government

    (d)

    friendship

  9. A Partnership cannot engage in __________

    (a)

    large scale production

    (b)

    small scale production

    (c)

    foreign trade

    (d)

    smuggling goods

  10. The companies in India are governed by the Indian Companies Act___________.

    (a)

    1932

    (b)

    1949

    (c)

    1956

    (d)

    1947

  11. In India, the poverty and rural indebtedness were predominant during the ________ century.

    (a)

    12th

    (b)

    17th

    (c)

    18th

    (d)

    19th

  12. The minimum number of members to start a cooperative is________.

    (a)

    10

    (b)

    15

    (c)

    20

    (d)

    25

  13. Coca-Cola company is an example of _________

    (a)

    MNC

    (b)

    Government company

    (c)

    Joint Venture

    (d)

    Public company

  14. Warehouses removes the hindrance of _________

    (a)

    Person

    (b)

    Time

    (c)

    Risk

    (d)

    Knowledge

  15. The basic principle of insurance is ________.

    (a)

    Insurable Interest

    (b)

    Co-operation

    (c)

    Subrogation

    (d)

    Proximate causa

  16. The main Benefit of Logistics is ____________

    (a)

    Productivity

    (b)

    Cost minimization

    (c)

    Profitability

    (d)

    Storage

  17. Outsourcing job is given to developing countries specifically for _______.

    (a)

    Cheap labour

    (b)

    Land

    (c)

    Factor

    (d)

     Capital

  18. The person offering the franchise is ................

    (a)

    Efferor

    (b)

    Franchiser

    (c)

    Franchisee

    (d)

    Buyer

  19. Which one is not the advantage of franchising?

    (a)

    Fixed royalty payment

    (b)

    Cost of advertising

    (c)

    Operational support

    (d)

    Reduced risk

  20. 7 x 2 = 14
  21. What is meant by Allangadi?

  22. Write a note on Profession.

  23. What do you mean by small scale business?

  24. What is meant by Limited liability?

  25. Give the features of Smart card.

  26. Define Transport.

  27. What is E-Business?

  28. 7 x 3 = 21
  29. What are the limitations of Bank rate Policy?

  30. What is E-Banking?

  31. Differentiate the warehouse warrant from the warehouse receipt

  32. What are public warehouses?

  33. Explain Health Insurance.

  34. What are the types of Franchising?

  35. What are the differences between Factoring and Forfaiting?

  36. 7 x 5 = 35
  37. Explain the characteristics of Business.

  38. What are the types of occupations? Briefly Explain about them.

  39. Explain the rights of partners.

  40. Classify the Companies According to its Incorporation.

  41. Explain the various types of banks based on function with examples.

  42. Explain the various Warehousing Documents.

  43. Compare Factoring with Forfeiting:

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