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11th Standard Commerce English Medium Free Online Test Book Back 1 Mark Questions with Answer Key

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. Which bank is not a Industrial Bank?

    (a)

    ICICI

    (b)

    HSBC

    (c)

    SIDBI

    (d)

    IDBI

  2. Electronic banking can be done through _____________

    (a)

    Computers

    (b)

    Mobile Phones

    (c)

    ATM

    (d)

    All of the above

  3. Warehouses removes the hindrance of _________

    (a)

    Person

    (b)

    Time

    (c)

    Risk

    (d)

    Knowledge

  4. Transport removes the hindrance of ___________

    (a)

    Time

    (b)

    Place

    (c)

    Personal

    (d)

    Knowledge

  5. The basic principle of insurance is ________.

    (a)

    Insurable Interest

    (b)

    Co-operation

    (c)

    Subrogation

    (d)

    Proximate causa

  6. A continuing relationship which provides a license privileges to do business and provides training, merchandising for a consideration is called _____.

    (a)

    Franchising

    (b)

    Factoring

    (c)

    Supply chain Management

    (d)

    Exchange

  7. Which type of responsibility gives the benefit to the society out of its profits earned?

    (a)

    Legal

    (b)

    Ethical

    (c)

    Moral

    (d)

    Economic

  8. Which of the following helps in maximising sale of Goods to society?

    (a)

    Business Success

    (b)

    Laws and regulations

    (c)

     Ethics

    (d)

    Professional management 

  9. What is defined as the provision of money at the time when it is required?

    (a)

    Finance

    (b)

    Bank

    (c)

    Cash Management

    (d)

    None of these

  10. 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

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