" /> -->

Revision Model Question Paper 2

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 03:00:00 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. Day market was called as _______________

    (a)

    Allangadi

    (b)

    Nalangadi

    (c)

    Market

    (d)

    None of these

  2. The following does not characterize business activity?

    (a)

    Production of goods and services

    (b)

    Presence of risk

    (c)

    Sale or exchange of goods and services

    (d)

    Salary or wages

  3. Television, Car, Computer are examples of ....................Industries.

    (a)

    Analytical

    (b)

    Synthetic

    (c)

    Processing

    (d)

    Assembling

  4. In the firm of Hindu Undivided Family, how one gets the membership?

    (a)

    By Agreement

    (b)

    By Birth

    (c)

    By Investing Capital

    (d)

    By Managing

  5. Table A of the Companies Act is a __________

    (a)

    Model minutes book

    (b)

    Model form of Balance Sheet

    (c)

    Model of AOA

    (d)

    Model of MOA

  6. Central Co-operative Bank is established at

    (a)

    Villages

    (b)

    Districts

    (c)

    State head quarters

    (d)

    Urban areas

  7. Government companies are registered under.

    (a)

    Special statute of Government

    (b)

    Companies Act, 1956

    (c)

    Royal charter

    (d)

    Order of the Government

  8. The Central Bank of India is

    (a)

    PNB

    (b)

    SBI

    (c)

    IClCI

    (d)

    RBI

  9. The largest commercial bank of India.

    (a)

    ICICI

    (b)

    SBI

    (c)

    PNB

    (d)

    RBI

  10. ________ warehouses are constructed at places where rail and road transportations are easily available.

    (a)

    Public

    (b)

    Private

    (c)

    Co-operative

    (d)

    Bonded

  11. Transport removes the hindrance of

    (a)

    Time

    (b)

    Place

    (c)

    Personal

    (d)

    Knowledge

  12. __________insurance deals with the insurance of ocean going vessels, fishing vessels, yatch, etc., when a ship is under construction.

    (a)

    Cargo

    (b)

    Hull

    (c)

    Freight

    (d)

    Liability

  13. Business people have the skill to solve

    (a)

    All Social problems

    (b)

    Some Social problems

    (c)

    No Social problems

    (d)

    All Economic problems

  14. Ethics is important for

    (a)

    Top Management

    (b)

    Middle Level Managers

    (c)

    Non-Managerial Employees

    (d)

     All of them

  15. An instrument representing ownership interest in securities of a Foreign Issuer is called.

    (a)

    an ownership certificate

    (b)

    a depository receipt

    (c)

    an ownership receipt

    (d)

    None of the above

  16. Clay pot making industry is the best example for________________Enterprises

    (a)

    Micro

    (b)

    Medium

    (c)

    Small

    (d)

    Large

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

    (a)

    Foreign Trade

    (b)

    Home Trade

    (c)

    Entrepot Trade

    (d)

    Trade

  18. Retailing is a marketing function which

    (a)

    sells products to other sellers

    (b)

    sells products to a company that resells them

    (c)

    sells products to final consumers

    (d)

    sells products for one's own use

  19. Economies of scale are enjoyed when goods are produced at___________.

    (a)

    small-scale

    (b)

    large-scale

    (c)

    lower-scale

    (d)

    consumption level

  20. Special Drawing Rights (SDR) facility is available at ______

    (a)

    World Bank (IBRD)

    (b)

    International Monetary Fund (IMF)

    (c)

    International Development Association (IDA)

    (d)

    Organisation of Economic Cooperation and Development

  21. Part II

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

    7 x 2 = 14
  22. What is hindrance of finance?

  23. What is the meaning of Ancestral Property?

  24. What do you mean by the word Dock?

  25. Give examples of departmental undertakings.

  26. Write the meaning of 'Bank.

  27. Identify the kind of Social Responsibility in the  following cases.
    (i) Contribution to earthquake victims
    (ii) Produce goods and to sell them at a profit.
    (iii) Business Enterprise should follow rules and regulations.
    (iv) Respecting the religions sentiments of all groups while promoting a Product.

  28. What do you mean by code?

  29. Who is called as a shareholder?

  30. Expand MUDRA bank.

  31. Write the meaning Agreement of Agriculture:(AOA).

  32. Part III

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

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

  34. What are the advantages of MNC's?

  35. What necessitated governments to intervene in industrial sectors?

  36. Explain the origin of RBI.

  37. What is 'Foreign Exchange Bank'?

  38. What do you mean by Common Carrier?

  39. Describe the Benefit of Logistics.

  40. Narrate the nature of Business Finance?

  41. What are the Associations (or) Chambers in India?

  42. What are all the elements of current account balance?

  43. Part IV

    Answer all the questions.

    7 x 5 = 35
    1. Explain the need of Commercial Banks to the development of the country.

    2. Distinguish between direct taxes and indirect taxes.

    1. What are the steps involved in forming a co-operative society?

    2. Difference between Contract and Agreement.

    1. Explain the various types of Land Transport?

    2. Explain the types of Internal Trade

    1. Classify the Companies According to its Incorporation.

    2. Explain the international sources from where funds can be generated?

    1. Explain the characteristics of Business.

    2. Describe the code of business ethics.

    1. Explain the types of banks based on ownership pattern.

    2. What are the arguments against Social Responsibility?

    1. What are the advantages and disadvantages of Public corporation?

    2. Explain the various types of Insurance.

*****************************************

TN 11th Standard Commerce free Online practice tests

Reviews & Comments about 11th Commerce - Revision Model Question Paper 2

Write your Comment