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11th Standard Commerce English Medium Free Online Test Creative 1 Mark Questions - 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. Pattinappalai praised ................ city where various foreigners of high civilisation speaking different languages

    (a)

    Madurai

    (b)

    Karur

    (c)

    Kaveripumpattinam

    (d)

    Chennai

  2. __________ refers to the occupation in which people work for others and get remuneration in the form of wages or salaries.

    (a)

    Employment

    (b)

    Profession

    (c)

    Business

    (d)

    Industry

  3. Fishery & Piggery come under ____________

    (a)

    assemblic industries

    (b)

    construction industries

    (c)

    genetic industries

    (d)

    continuous industries

  4. When his business assets are not sufficient to pay off the business debts, he has to pay from his personal property.

    (a)

    Unlimited Liability

    (b)

    Flexibility

    (c)

    Small capital

    (d)

    Limited Liability

  5. State Bank of India is an example for____ Company.

    (a)

    Statutory

    (b)

    Government

    (c)

    Chartered

    (d)

    None of these

  6. In a Co-operative Society, the shares of a member

    (a)

    Can be transferred

    (b)

    Can be repaid

    (c)

    Cannot be transferred

    (d)

    None of the above

  7. The bank which helps in promote housing finance institutions is known as________

    (a)

    EXIM Bank

    (b)

    RRB

    (c)

    NHB

    (d)

    SBI

  8. The liability of common carrier is governed by_________________

    (a)

    Carriers Act

    (b)

    Goods Act

    (c)

    Goods and Services Act

    (d)

    None of the above

  9. From the following, which of this is covered under fire insurance?

    (a)

    Voyage Policy

    (b)

    Term Policy

    (c)

    Floating

    (d)

    Collective Policy

  10. Which loan taken as the security as movable assets?

    (a)

    Pledge

    (b)

    Clean loan

    (c)

    Hypothecation

    (d)

    Bad loan

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