New ! Commerce MCQ Practise Tests



11th Standard Commerce English Medium Free Online Test Book Back One Mark Questions - Part Three

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The largest commercial bank of India ____________

    (a)

    ICICI

    (b)

    SBI

    (c)

    PNB

    (d)

    RBI

  2. ___________ can be given as a collateral security for getting financial assistance from bank.

    (a)

    Dock warrant

    (b)

    Warehouse Receipt

    (c)

    Dock Receipt

    (d)

    Warehouse warrant

  3. ______ is a document acknowledging the receipt of goods by a carrier.

    (a)

    Waybill

    (b)

    Consignment note

    (c)

    Charter party

    (d)

    Bill of lading

  4. Buying and Selling of goods through electronic network is known as ___________

    (a)

    E-commerce

    (b)

    Internet

    (c)

    Website

    (d)

    Trade

  5. Assuming Social Responsibility of business helps the enterprise in ____

    (a)

    Increase Profit

    (b)

    Decrease Profit

    (c)

    Sustainability

    (d)

    Equilibrium

  6. Which of the following does not ensure effective ethical practices in a Business enterprise.

    (a)

    Publication of a code

    (b)

    Involvement of Employees

    (c)

     Establishment of compliance mechanisms

    (d)

     None of them

  7. Debenture holders are entitled to a fixed rate of ________.

    (a)

    Dividend

    (b)

    Profits

    (c)

    Interest

    (d)

    Ratios

  8. ADRs are issued in_____

    (a)

    Canada

    (b)

    China

    (c)

    India

    (d)

     The USA

  9. Self help groups convert the savings into a common fund known as____

    (a)

    Common Fund

    (b)

    Groups corpus Fund

    (c)

    Group Fund

    (d)

    None of the above

  10. _____ acts as a connective link between the producer and the consumer.

    (a)

    Trade

    (b)

    Industry

    (c)

    Commerce

    (d)

    Business

*****************************************

Reviews & Comments about 11th Standard Commerce English Medium Free Online Test Book Back One Mark Questions - Part Three

Write your Comment