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

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 following does not characterize business activity?

    (a)

    Production of goods and services

    (b)

    Presence of risk

    (c)

    Sale or exchange of goods and services

    (d)

    Salary or wages

  2. A Co-operative Super Market supplies

    (a)

    Credit

    (b)

    Service

    (c)

    Goods

    (d)

    Cash

  3. ...................... form of business organisation gained economic importance in most of the countries of the world in recent years.

    (a)

    Joint-stock companies

    (b)

    Co-operatives

    (c)

    Partnership

    (d)

    State enterprises

  4. The deposit which has no limitation on deposit of cheques or withdrawals from the account is______

    (a)

    Demand Deposit

    (b)

    Current Deposit

    (c)

    Fixed deposit

    (d)

    Recurring Deposit

  5. The document which authorizes to deliver the goods either in part of full is called ___________.

    (a)

    Warehouse warrant

    (b)

    Dock receipt

    (c)

    Dock warrant

    (d)

    None of these

  6. _________ constitutes the predominant form of rural road transport in India for goods traffic.

    (a)

    Pack Animals

    (b)

    Bullock Carts

    (c)

    Motor Lorries & Buses

    (d)

    All of the above

  7. Outsourcing is carried out for the benefit of

    (a)

    Global Village

    (b)

    Transport

    (c)

    Factory

    (d)

    Time and Money

  8. The factors causing ethical behaviour in business are __________________

    (a)

    Government Law

    (b)

    Government Policies

    (c)

    Public Awareness

    (d)

    All of the above

  9. Depositary receipts that are traded in an international market other than the United States are called

    (a)

    Global depositary receipts

    (b)

    International Depositary receipts

    (c)

    Open market depositary receipts

    (d)

    Special Drawing Rights.

  10. ________ are agents who merely bring the buyer and the seller into contact.

    (a)

    broker

    (b)

    Commission agent

    (c)

    selling Agent

    (d)

    Stockists

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