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11th Public Official Model Question 2019

11th Standard

    Reg.No. :
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Commerce

Time : 02:30:00 Hrs
Total Marks : 90
    20 x 1 = 20
  1. Who wrote "Arthasasthra"?

    (a)

    Kautilya

    (b)

    Kambar

    (c)

    Thiruvalluvar

    (d)

    Elangovadigal

  2. Normally high level risk involved in ___________

    (a)

    Industry

    (b)

    Commerce

    (c)

    Trade

    (d)

    All of the above

  3. In the firm of Hindu Undivided Family, how one gets the membership?

    (a)

    By Agreement

    (b)

    By Birth

    (c)

    By Investing Capital

    (d)

    By Managing

  4. Domestic Companies are those that have been registered under the ____________

    (a)

    Companies Act of 1956 or Earlier Acts

    (b)

    Partnership Act

    (c)

    Indian Regulations Act

    (d)

    None of these

  5. Cooperative fails because of _______.

    (a)

    Unlimited membership

    (b)

    Cash trading

    (c)

    Mismanagement

    (d)

    Loss-making

  6. The primary objective of the state enterprises is to ______________

    (a)

    Earn profit

    (b)

    Provide Employment

    (c)

    Serve the People

    (d)

    All the Above

  7. Which bank has the power to issue Bank notes?

    (a)

    Central Bank

    (b)

    Commercial Bank

    (c)

    Co-operative Bank

    (d)

    Foreign Bank

  8. When the name of the banker is written on the face of the cheque it is called___________.

    (a)

    Bearer cheque

    (b)

    Order cheque

    (c)

    Special crossing

    (d)

    General crossing

  9. A warehouse holds goods as a ________ center.

    (a)

    Marketing

    (b)

    Sorting

    (c)

    Distribution

    (d)

    Selling

  10. An insurance company is also called____________ Company.

    (a)

    Insurer

    (b)

    Insured

    (c)

    Assured

    (d)

    Assurance

  11. An organization carrying out activities to move goods from Producer to Consumer is __________

    (a)

    Transport

    (b)

    Logistics

    (c)

    Channels

    (d)

    Marketing

  12. The word ' Ethics ' is derived from _________ word.

    (a)

    French

    (b)

     Latin

    (c)

     Greek

    (d)

     Tamil

  13. Equity shareholders are the ______ of a company

    (a)

    Creditors

    (b)

    Owners

    (c)

    Debtors

    (d)

    Employees

  14. Pandiyan Rural bank, Pallavan Rural bank are the examples of________.

    (a)

    Commercial bank

    (b)

    Regional rural bank

    (c)

    MUDRA bank

    (d)

    None of these

  15. Trade middleman who acts as a link between wholesaler and customers refers to a____________

    (a)

    Producer

    (b)

    Broker

    (c)

    retailer

    (d)

    customer

  16. Retailing on ............... scale brings economies of bulk purchase, advertising, sales, overhead expenses, etc

    (a)

    small

    (b)

    large

    (c)

    itinerant

    (d)

    None of the above

  17. _________is a place in the harbour where the goods are loaded into the ship.

    (a)

    Beach

    (b)

    Sea coast

    (c)

    Dock

    (d)

    Shipping yard

  18. Mercantile Law consists of ...................

    (a)

    Commercial

    (b)

    Business

    (c)

    Both (a) and (b)

    (d)

    None of these

  19. A, B, C jointly promised to pay Rs. 50,000 to D. Before performance of the contract, C dies. Here, the contract ______________

    (a)

    Becomes void on C's death

    (b)

    Should be performed by A and B along with C's legal representatives.

    (c)

    Should be performed by A and B alone

    (d)

    Should be renewed between A, B and D

  20. In case of an individual-the exempted limit income for assessment year 2018-2019 is ______.

    (a)

    Rs.2,50,000

    (b)

    Rs.1,50,000

    (c)

    Rs.2,00,000 .

    (d)

    Rs.3,00,090

  21. 7 x 2 = 14
  22. What is the National objective of a business?

  23. What are the Non-corporate enterprises?

  24. Define Multinational Company.

  25. What do you mean by Ombudsman?

  26. What is a 'Way Bill'.

  27. What do you mean by Social responsibility?

  28. Define Foreign Direct Investment (FDI).

  29. What is Import trade?

  30. What do you mean by international business?

  31. What do you mean by Balance of Trade?

  32. 7 x 3 = 21
  33. Bring out the difference between dissolution of partnership and dissolution of partnership firm.

  34. Briefly Explain the Diversified banking services of Commercial banks.

  35. What is the classification of life policies?

  36. What are the benefit of Corporate Governance to Share holders?

  37. List out the products produced by MSME in Tamil Nadu?

  38. Explain any three characteristics of wholesalers?

  39. What are Intermediaries in import trade?

  40. What do you mean by Revocation?

  41. At what circumstances the court may order injunction at the time of claim?

  42. Write a note on Agricultural Income.

  43. 7 x 5 = 35
  44. What are the hindrances of commerce?

  45. Write short notes on :
    (a) Analytical Industry
    (b) Genetic Industry and
    (c) Construction Industry

  46. Explain the types of Dissolution of Partnership firm.

  47. What are the advantages of Cooperative Society?

  48. What are the achievements of the RBI?

  49. What are all the major types of commercial ships?

  50. Write about General Impact of E-commerce.

  51. Explain Corporate Social Responsibility in India with an example:

  52. Explain any five personal Investment Avenues ?

  53. What is Internal Trade? What are its Types? Explain.

  54. What are theadvantages of departmental stores?

  55. Write down the functions of IMF.

  56. Explain the classification of contract on the basis of the formation.

  57. What are the reasons the court does not grant specific performance?

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