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

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. Large scale units require ____________ capital.

    (a)

    less

    (b)

    huge

    (c)

    fixed

    (d)

    none of these

  2. Production which involves several stages for manufacturing finished product is known as

    (a)

    Analytical Industry

    (b)

    Synthetic Industry

    (c)

    Processing Industry

    (d)

    None of the above

  3. Inventors are example of ..................service.

    (a)

    Distributive

    (b)

    Financial

    (c)

    Quaternary

    (d)

    Quinary

  4. Registration of partnership is _________

    (a)

    compulsory

    (b)

    optional

    (c)

    not necessary

    (d)

    none of the above

  5. Consumers Cooperation was first successful in---------

    (a)

    England

    (b)

    USA

    (c)

    Swiss

    (d)

    India

  6. Helping the affected people during floods or earth quake is an.

    (a)

    Economic Responsibility .

    (b)

    Legal Responsibility

    (c)

    Ethical Responsibility

    (d)

    Discretionary Responsihility

  7. All the branches of a multiple shop have .............. appearance.

    (a)

    different

    (b)

    dissimilar

    (c)

    uniform

    (d)

    contrary

  8. The ___________ receipt is an acknowledgement of receipt of goods on the ship issued by the Captain.

    (a)

    Shipping Bill

    (b)

    Bill of Lading

    (c)

    Mate's Receipt

    (d)

    Consular Invoice

  9. Unilateral Payments Account Credit items shows ..................

    (a)

    Private-remittances received from foreign countries

    (b)

    Pension Payments to foreign countries

    (c)

    Private remittances of foreign countries

    (d)

    Both (a) arid (b)

  10. Owing to a strike in a factory of A, A is not able to supply the goods to B, as per the terms of agreement. The agreement in such a case_____________.

    (a)

    is discharged

    (b)

    is not discharged

    (c)

    becomes void

    (d)

    is voidable at the option of A

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