" /> -->

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

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

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

    Answer all the questions

    10 x 1 = 10
  1. A major disadvantage of sole proprietorship is __________.

    (a)

    Limited liability

    (b)

    Unlimited liability

    (c)

    Easy Formation

    (d)

    Quick decision

  2. The Local Area Banks are promoting.

    (a)

    Rural Savings

    (b)

    Business Savings

    (c)

    Industrial development

    (d)

    Agricultural development

  3. Maintenance of minimum balance in Savings Acount is.

    (a)

    Compulsory

    (b)

    Not compulsory

    (c)

    Optional

    (d)

    None

  4. ___________ is a document acknowledging the receipt of goods by a carrier

    (a)

    Way bill

    (b)

    Consignment note

    (c)

    Charter

    (d)

    Bill of lading

  5. Tramps are

    (a)

    Passenger vessels

    (b)

    Cargo vessels

    (c)

    Buses

    (d)

    Lorries

  6. A Company under outsourcing transfers activities which are

    (a)

    Core

    (b)

    Non-core

    (c)

    Business

    (d)

    Non-Business

  7. Debenture holders are entitled to fixed rate of

    (a)

    Dividend

    (b)

    Profits

    (c)

    Interest

    (d)

    Ratios

  8. ADR issued needs the approval from ________.

    (a)

    SEBI

    (b)

    IMF

    (c)

    World Bank

    (d)

    Securities and Exchange Commission

  9. Small shops which deal in a particular line of products are called as

    (a)

    Market Traders

    (b)

    Single line stores

    (c)

    Sugar Market

    (d)

    Street stalls

  10. Unilateral Payments Account Credit items shows ..................

    (a)

    Private-remittances received from foreign countries

    (b)

    Pension Payments to foreign countries

    (c)

    Private remittances of foreign countries

    (d)

    Both (a) arid (b)

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

TN 11th Standard Commerce free Online practice tests

Reviews & Comments about 11th Standard Commerce English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Two

Write your Comment