New ! Commerce MCQ Practise Tests



Quarterly Model Question Paper

12th Standard

    Reg.No. :
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Commerce

Time : 02:45:00 Hrs
Total Marks : 90
    20 x 1 = 20
  1. Management is what a _________ does?

    (a)

    Manager

    (b)

    Subordinate

    (c)

    Supervisor

    (d)

    Superior

  2. "Division of work, authority and responsibility, unity of command" were proposed as part of the fourteen principles of management by

    (a)

    Fayol

    (b)

    Meldrew

    (c)

    Taylor

    (d)

    Charles

  3. ___________ is growing in all countries.

    (a)

    Knowledge

    (b)

    Management literature

    (c)

    Both

    (d)

    None of these

  4. _______ is included in every managerial function.

    (a)

    Co-ordinating

    (b)

    Controlling

    (c)

    Staffing

    (d)

    Organising

  5. ____________ is included in every managerial functions.

    (a)

    Co-ordination

    (b)

    Motivation

    (c)

    Staffing

    (d)

    Planning

  6. The purpose of an application blank is to gather information about the

    (a)

    Company

    (b)

    Candidate

    (c)

    Questionnaire or Interview Schedule

    (d)

    Competitors

  7. Job first man next is one of the principles of______.

    (a)

    Test

    (b)

    Interview

    (c)

    Training

    (d)

    Placement

  8. Case study method is _______type of training.

    (a)

    Only theoritical training

    (b)

    Both theory and practical training

    (c)

    Hands on training

    (d)

    Abservation Training

  9. Social marketing deals with:

    (a)

    Society

    (b)

    Social Class

    (c)

    Social change

    (d)

    Social evil

  10. _______are networks that connect people within a company to each other and to the company network.

    (a)

    Intranets

    (b)

    Extranets

    (c)

    Internets

    (d)

    None of these

  11. __________ of every year is declared as a Consumer Protection Day to educate the public about their rights and responsibilities.

    (a)

    August 15

    (b)

    April 15

    (c)

    March 15

    (d)

    September 15

  12. Caveat emptor means

    (a)

    Let the buyer beware

    (b)

    Let the seller beware

    (c)

    Both

    (d)

    None of these

  13. __________ is a king of the market.

    (a)

    Workers

    (b)

    Consumer

    (c)

    Producer

    (d)

    Seller

  14. The State Commission can entertain complaints where the value of the goods or services and the compensation, if any claimed exceed _______.

    (a)

    Rs. 2 lakhs but does not exceed Rs.5 lakhs

    (b)

    Rs.20 lakhs but does not exceed Rs.1 crore

    (c)

    Rs. 3 lakhs but does not exceed Rs. 5 lakhs

    (d)

    Rs. 4 lakhs but does not exceed Rs. 20 lakhs

  15. The state consumer protection council is also called

    (a)

    State commission

    (b)

    National Consumer

    (c)

    District forum

    (d)

    Consumer council

  16. VUCA stands for ________, _________, ________.

    (a)

    Volatility, Uncertainty, Complexity and Ambiguity

    (b)

    Value, Unavoidable, Company and Authority

    (c)

    Volatility, Uncontrollable, Company and Auction

    (d)

    All of the above

  17. The success of an orgnisation depends upon the sharing of________ by all members.

    (a)

    Vision and objectives

    (b)

    Internal power relations

    (c)

    Company image

    (d)

    Values system

  18. New Economic Policy was introduced in the year___________.

    (a)

    1980

    (b)

    1991

    (c)

    2013

    (d)

    2015

  19. Globalisation has posed major challenges for

    (a)

    big producers

    (b)

    small producers

    (c)

    rural poor

    (d)

    none of these

  20. __________ started selling shares of PSUs to Public and Financial institution

    (a)

    Indian Government

    (b)

    State Government

    (c)

    Central Government

    (d)

    None of these

  21. 7 x 2 = 14
  22. What is meant by Innovation?

  23. What is equity market?

  24. Define the term Human Resource.

  25. List the benefits of external source of recruitment.

  26. Definition of marketing.

  27. Which is the supreme objective of business?

  28. What are consumer councils ?

  29. 7 x 3 = 21
  30. Why management is regarded as a social process?

  31. State the importance of Motivation.

  32. Write a short note on
    (a) Primary market
    (b) Secondary market

  33. Explain any three steps in Employee selection process

  34. Explain the importance of social marketing.

  35. Who are the members of the National Commission?

  36. What are advantages of disinvestment?

  37. 7 x 5 = 35
  38. What are the advantages of MBE? (any 5)

  39. Explain any five methods of on-the-job training.

  40. Explain in detail how traditional marketing differ from E-marketing.

  41. Write about five important consumer legislations.

  42. What are the particular that should be furnished along with the complaint?

  43. Explain the advantages and disadvantages of liberalisation.(any 5)

  44. Explain the forms of Globalization.

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