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. 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. Which of the following is created by a Special Act of parliament or in State Assemblies?

    (a)

    Chartered Company

    (b)

    Foreign Company

    (c)

    Government Company

    (d)

    Statutory Company

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

    (a)

    1932

    (b)

    1949

    (c)

    1956

  12. In India, the poverty and rural indebtedness were predominant during the ----------- century.

    (a)

    12th

    (b)

    17th

    (c)

    18th

    (d)

    19th

  13. The minimum number of members to start a cooperative is_____________________________

    (a)

    10

    (b)

    15

    (c)

    20

    (d)

    25

  14. Coca-Cola company is an example of ----------

    (a)

    MNC

    (b)

    Government company

    (c)

    Joint Venture

    (d)

    Public company

  15. Warehouse removes the hindrance of _________

    (a)

    Person

    (b)

    Time

    (c)

    Risk

    (d)

    Knowledge

  16. The basic principle of insurance is ________.

    (a)

    Insurable Interest

    (b)

    Co-operation

    (c)

    Subrogation

    (d)

    Proximate cause

  17. The main Benefit of Logistics is

    (a)

    Productivity

    (b)

    Cost minimization

    (c)

    Profitability

    (d)

    Storage

  18. Outsourcing job is given to developing countries specifically for

    (a)

    Cheap labour

    (b)

    Land

    (c)

    Factor

    (d)

     Capital

  19. The person offering the franchise is ................

    (a)

    Efferor

    (b)

    Franchiser

    (c)

    Franchisee

    (d)

    Buyer

  20. Which one is not the advantage of franchising?

    (a)

    Fixed royalty payment

    (b)

    Cost of advertising

    (c)

    Operational support

    (d)

    Reduced risk

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

  23. Define Profession.

  24. What do you mean by small scale business?

  25. What is meant by Limited liability?

  26. Give the features of Smart card.

  27. Define Transport.

  28. What is E-Business?

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

  31. What is E-Banking?

  32. Differentiate warehouse warrant from warehouse receipt.

  33. What are public warehouses?

  34. Explain Health Insurance.

  35. What are the types of Franchising?

  36. What are the differences between Factoring and Forfaiting?

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

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

  40. Explain the rights of partners.

  41. Classify the Companies According to its Incorporation.

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

  43. Explain the various Warehousing Documents.

  44. Compare Factoring with Forfeiting:

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