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11th Standard Commerce Sources of Business Finance English Medium Free Online Test One Mark Questions 2020 - 2021

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. What is defined as the provision of money at the time when it is required?

    (a)

    Finance

    (b)

    Bank

    (c)

    Cash Management

    (d)

    None of these

  2. Debenture holders are entitled to fixed rate of

    (a)

    Dividend

    (b)

    Profits

    (c)

    Interest

    (d)

    Ratios

  3. Which one of the following holder is given voting rights?

    (a)

    Debentures

    (b)

    Preference Shares

    (c)

    Equity shares

    (d)

    Bonds

  4. The period for a long term loan is for a period of exceeding ______

    (a)

    1 year

    (b)

    2 years

    (c)

    5 years

    (d)

    3 years

  5. Which one of the following is not a borrowed funds_____

    (a)

    Public Deposits

    (b)

    Retained Earnings

    (c)

    Trade Credit

    (d)

    Bonds

  6. Loan given on the basis of customer's character, capacity and capability is ____________ 

    (a)

    Clean Loan

    (b)

    Mortgage Loan

    (c)

    Bank Overdraft

    (d)

    Pledge

  7. The maturity period of a commercial paper usually ranges from ______________

    (a)

    20 to 40 days

    (b)

    60 to 90 days

    (c)

    l20 to 365 days

    (d)

    7 to 365 days

  8. The duration of bill of exchange may be ranging from ___________________

    (a)

    15 to 80 days

    (b)

    16 to 90 days

    (c)

    7 to 365 days

    (d)

    51 to 80 days

  9. Long term finance________________.

    (a)

    more than 5 years

    (b)

    above 1 year but below 5 years

    (c)

    more than one year but below 3 years

    (d)

    within one year

  10. Business people hypothecate goods or equipment to get______________ type of loan. It is a loan taken on the security of movable asset.

    (a)

    Hypothecation

    (b)

    Pledge

    (c)

    Trade credit

    (d)

    Bank overdraft

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