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11th Standard Commerce English Medium Free Online Test 1 Mark Questions 2020 - Part Five

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The economic activity which is connected with conversion of resources into useful goods is known as________

    (a)

    Commerce

    (b)

    Trade

    (c)

    Industry

    (d)

    Business

  2. A partnership is formed by ___________

    (a)

    agreement

    (b)

    relationship among persons

    (c)

    the direction of government

    (d)

    friendship

  3. The head office of RBI is situated in______

    (a)

    Chennai

    (b)

    Delhi

    (c)

    Mumbai

    (d)

    Haryana

  4. __________type of warehouse is most common in America.

    (a)

    General merchandise

    (b)

    Special commodity

    (c)

    Field godowns

    (d)

    Household warehouses

  5. ____________policy is more suitable for a person who is taking a career.

    (a)

    Children's performed Assurance

    (b)

    Group Insurance

    (c)

    Money Back

    (d)

    Employer-Employee Groups

  6. The main Benefit of Logistics is

    (a)

    Productivity

    (b)

    Cost minimization

    (c)

    Profitability

    (d)

    Storage

  7. The factors causing ethical behaviour in business are __________________

    (a)

    Government Law

    (b)

    Government Policies

    (c)

    Public Awareness

    (d)

    All of the above

  8. Funds required for purchasing current assets is an example for_____

    (a)

    Fixed Capital requirement

    (b)

    Ploughing back of profit

    (c)

    Working capital requirement

    (d)

    Lease financing

  9. Expand RCMC

    (a)

    Registration cum Membership Council

    (b)

    Registration cum Manufacturing council

    (c)

    Registration cum Membership Certificate

    (d)

    Registration commodity manufacturing council

  10. Any agreement which becomes impossible to perform under various circumstances

    (a)

    Voidable

    (b)

    Void

    (c)

    Valid

    (d)

    None of these

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