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Term II Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 02:30:00 Hrs
Total Marks : 90
    20 x 1 = 20
  1. The place where the goods are sold is ______________

    (a)

    Angadi

    (b)

    Market

    (c)

    Nalangadi

    (d)

    Allangadi

  2. Occupation of a Doctor is

    (a)

    Employment

    (b)

    Business

    (c)

    Profession

    (d)

    Sole Proprietor

  3. Normally high level risk involved in

    (a)

    Industry

    (b)

    Commerce

    (c)

    Trade

    (d)

    All of the above

  4. In which form the owner, establisher and manager is only one?

    (a)

    Joint Enterprise

    (b)

    Government Company

    (c)

    Co-operative Society

    (d)

    Sole Proprietor

  5. The firm of Hindu Undivided Family is managed by whom?

    (a)

    Owner

    (b)

    Karta

    (c)

    Manager

    (d)

    Partner

  6. The Board of directors of a company is elected by _________

    (a)

    Creditors

    (b)

    Debtors

    (c)

    Debenture holders

    (d)

    Share holders (members)

  7. Consumers Co-operation was first successful in---------

    (a)

    England

    (b)

    USA

    (c)

    Swiss

    (d)

    India

  8. Centralised control in MNC's implies control exercised by

    (a)

    Branches

    (b)

    Subsidiaries

    (c)

    Headquarters

    (d)

    Parliament

  9. The share capital of the government company must not be less than

    (a)

    49%

    (b)

    51%

    (c)

    50%

    (d)

    25%

  10. The Central Bank of India is

    (a)

    PNB

    (b)

    SBI

    (c)

    IClCI

    (d)

    RBI

  11. Which bank is not a Industrial Bank?

    (a)

    ICICI

    (b)

    HSBC

    (c)

    SIDBI

    (d)

    IDBI

  12. Electronic banking can be done through

    (a)

    Computers

    (b)

    Mobile Phones

    (c)

    ATM

    (d)

    All of the above

  13. Warehouse removes the hindrance of _________

    (a)

    Person

    (b)

    Time

    (c)

    Risk

    (d)

    Knowledge

  14. __________ warehouses are used for storing perishable goods like fruits, vegetables etc.

    (a)

    Bonded

    (b)

    Private

    (c)

    Cold storage

    (d)

    Co-operative

  15. Which is the fastest means of transport?

    (a)

    Rail

    (b)

    Road

    (c)

    Sea

    (d)

    Air

  16. Which of the following is not applicable in insurance contract?

    (a)

    Unilateral Contract

    (b)

    Conditional Contract

    (c)

    Indemnity Contract

    (d)

    Inter-personal contract

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

    (a)

    Transport

    (b)

    Logistics

    (c)

    Channels

    (d)

    Marketing

  18. Socially responsible business provides goods at

    (a)

    High price

    (b)

    Low price

    (c)

    reasonable price

    (d)

    moderate price

  19. The role of top management is to guide the entire organisation towards 

    (a)

    General Behaviour

    (b)

     Organisational behaviour

    (c)

     Ethical upright behaviour

    (d)

     Individual behaviour

  20. It may be wise to finance Fixed Assets through______

    (a)

    Creditors

    (b)

    Long term debts

    (c)

    Bank overdraft

    (d)

    Bills discounting

  21. 7 x 2 = 14
  22. What do you mean by Business?

  23. What is trade?

  24. Who is called a Sole Trader?

  25. Define a Company.

  26. Write any two advantages of MNC.

  27. Write the meaning of 'Bank.

  28. Define Logistics.

  29. 7 x 3 = 21
  30. Explain the meaning of the term "Vanigam".

  31. Explain the concept of 'Business'.

  32. Define Sole trading business.

  33. Write any 3 features of HUF.

  34. Mention the importance of Banking Services.

  35. Explain - NEFT.

  36. Differentiate warehouse warrant from warehouse receipt.

  37. 7 x 5 = 35
  38. Explain the characteristics of Business.

  39. What are the types of Co-operative Society?

  40. Discuss the advantages of transport

  41. Explain the Principles of insurance.

  42. Distinguish between GDR and ADR?

  43. What are the objectives of SHGs?

  44. Describe the benefits of WTO.

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