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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)

    Chanakiya

    (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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