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12th Standard Commerce Concept of Market and Marketer English Medium Free Online Test One Mark Questions 2020 - 2021

12th Standard

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Commerce

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

    Answer all the questions

    10 x 1 = 10
  1. One who promotes (or) Exchange of goods or services for money is called as______

    (a)

    Seller

    (b)

    Marketer

    (c)

    Customer

    (d)

    Manager

  2. The Spot market is classified on the basis of________

    (a)

    Commodity

    (b)

    Transaction

    (c)

    Regulation

    (d)

    Time

  3. Stock Exchange Market is also called______

    (a)

    Spot Market

    (b)

    Local Market

    (c)

    Security Market

    (d)

    National Market

  4. Which type of market deals with the purchase or sale of gold and silver

    (a)

    Capital market

    (b)

    Commodity market

    (c)

    Bullion market

    (d)

    Perfect market

  5. Which concept of marketing is product oriented?

    (a)

    Old concept of marketing

    (b)

    Modern concept of marketing

    (c)

    Entity concept of business

    (d)

    None of these

  6. List I List II
    (i) Family market 1) Demand throughout the country
    (ii) Local market 2) Boundaries of a nation
    (iii) National market 3) Close members
    (iv) International market 4) Town or village
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (c)
    (i) (ii) (iii) (iv)
    2 3 1 4
    (d)
    (i) (ii) (iii) (iv)
    3 4 1 2
  7. List I List II
    i) Foreign exchange market   1) Physical delivery of goods 
    ii) Stock market 2) Settlement on different dates
    iii) Soot market 3) Securities market
    iv) Future market 4) International market
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    2 3 4 1
    (c)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (d)
    (i) (ii) (iii) (iv)
    3 4 2 1
  8. _______is an international market

    (a)

    Money market

    (b)

    Future market

    (c)

    Regulated market

    (d)

    Foreign exchange market

  9. The role of marketing in modern organisation is __________ with marketing offers to lend a competitive edge and marketing tasks to match the demand and supply.

    (a)

    integrative

    (b)

    non-integrative

    (c)

    responding

    (d)

    all of these

  10. Marketers often used the term ___________to cover various groupings of customers.

    (a)

    buying power

    (b)

    demographic segment

    (c)

    market

    (d)

    people

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