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

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. Who wrote "Arthasasthra"?

    (a)

    Kautilya

    (b)

    Kambar

    (c)

    Thiruvalluvar

    (d)

    Elangovadigal

  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. A major disadvantage of sole proprietorship is __________.

    (a)

    Limited liability

    (b)

    Unlimited liability

    (c)

    Easy Formation

    (d)

    Quick decision

  4. The Members in the joint Hindu family are called ________

    (a)

    Karta

    (b)

    Coparceners

    (c)

    Generations

    (d)

    Partners

  5. Which of the following is created by a Special Act of Parliament or in State Assemblies?

    (a)

    Chartered company

    (b)

    Foreign company

    (c)

    Government company

    (d)

    Statutory company

  6. All Cooperatives are established with __________

    (a)

    Philanthropic motive

    (b)

    Service Motive

    (c)

    Profit motive

    (d)

    Reform motive

  7. Enterprises operating in several countries but managed from one country is termed as______.

    (a)

    Government company

    (b)

    Multinational company

    (c)

    Private company

    (d)

    Joint Venture

  8. The oldest form of organisation in public sector ______.

    (a)

    Public Sector Undertakings

    (b)

    Departmental Undertakings

    (c)

    Multi National Corporations

    (d)

    Statutory Corporation

  9. The Reserve Bank of India commenced its operations from April 1,____.

    (a)

    1936

    (b)

    1935

    (c)

    1934

    (d)

    1933

  10. Foreign banks are begun their operation since __________

    (a)

    1978

    (b)

    1979

    (c)

    1980

    (d)

    1981

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