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11th Standard Commerce English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Eight

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. The word 'Vanigam' has widely used in Sangam literature like ...........

    (a)

    Thirukkural

    (b)

    Kurunthogai

    (c)

    Elathi

    (d)

    Periyapuranam

  2. Normally high level risk involved in

    (a)

    Industry

    (b)

    Commerce

    (c)

    Trade

    (d)

    All of the above

  3. A major disadvantage of sole proprietorship is __________.

    (a)

    Limited liability

    (b)

    Unlimited liability

    (c)

    Easy Formation

    (d)

    Quick decision

  4. __________is found in each and every country in the world .

    (a)

    Partnership

    (b)

    Sole tradership

    (c)

    Joint hindu family

  5. ____________insurance include liability arising out of hazards and expenses involved in non-compliance of rules and regulations.

    (a)

    Hull

    (b)

    Freight

    (c)

    Liability

    (d)

    Cargo

  6. The main benefit of outsourcing is

    (a)

    Productivity

    (b)

    Cost reduction

    (c)

    Skill

    (d)

    Units

  7. The Corporate governance structure of a company reflects the individual companies' ______________

    (a)

    Cultural and economic system

    (b)

    Legal and business system

    (c)

    Social and regulatory system

    (d)

    All of the above

  8. Debenture holders are entitled to fixed rate of

    (a)

    Dividend

    (b)

    Profits

    (c)

    Interest

    (d)

    Ratios

  9. _______________________trade is a trade between a seller and buyer of different countries.

    (a)

    Foreign

    (b)

    Export

    (c)

    Entrepot

    (d)

    Home

  10. Mercantile Law consists of ...................

    (a)

    Commercial

    (b)

    Business

    (c)

    Both (a) and (b)

    (d)

    None of these

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