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

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. Commerce activities are heading for a cashless system through ___________ .

    (a)

    e-commerce

    (b)

    banking

    (c)

    insurance

    (d)

    warehousing

  2. Who encouraged import of foreign goods from Persia?

    (a)

    Akbar

    (b)

    Babar

    (c)

    Aurangazeb

    (d)

    Alauddin Khilji

  3. A temporary partnership which is formed to complete a specific job doing a specified period of time is called ____________

    (a)

    Partnership-at-will

    (b)

    Particular partnership

    (c)

    Limited Partnership

    (d)

    Joint Venture

  4. Pipelines are used for the movement of

    (a)

    Gas

    (b)

    Petrol

    (c)

    Water

    (d)

    All of these

  5. The person who hires the ship is known as________.

    (a)

    charters

    (b)

    charter party

    (c)

    vessels

    (d)

    consignor

  6. Debenture holders are entitled to fixed rate of

    (a)

    Dividend

    (b)

    Profits

    (c)

    Interest

    (d)

    Ratios

  7. Foreign institutional investors have registered their name with ________.

    (a)

    WTO

    (b)

    World Bank

    (c)

    IMF

    (d)

    SEBI

  8. A Contractual agreement wherein one firm grants access to its plants, trade secrets or technology to another firm is called .............

    (a)

    Pledge

    (b)

    Contract

    (c)

    Licensing

    (d)

    Joint Venture

  9. Mercantile Law consists of ...................

    (a)

    Commercial

    (b)

    Business

    (c)

    Both (a) and (b)

    (d)

    None of these

  10. Which of these parties cannot demand performance of promise?

    (a)

    Promisee

    (b)

    Any of the joint promisees

    (c)

    On the death of a promise, his legal representative

    (d)

    Stranger to the contract

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TN 11th Standard Commerce free Online practice tests

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