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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 minimisation

    (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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