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12th Standard Commerce English Medium Free Online Test 1 Mark Questions 2020 - Part Four

12th 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. Modern managers are:

    (a)

    Action oriented

    (b)

    Able to build a sense of shared values

    (c)

    Able to manage changes efficiently

    (d)

    All of the above

  2. ___________ means decisions taken by manager as per their personal judgements.

    (a)

    Mental revolution

    (b)

    Cooperation

    (c)

    Rule of thumb

    (d)

    None of these

  3. _________ ownership makes bold management decisions due to their strong foundation in the international level.

    (a)

    Private

    (b)

    Public

    (c)

    Corporate

    (d)

    MNC's

  4. _____________ excludes money, actionable claims and immovable property.

    (a)

    Assets

    (b)

    Liabilities

    (c)

    Funds

    (d)

    Goods

  5. The word ______________ means a written document by which a right is created in favour of certain person.

    (a)

    Negotiable

    (b)

    Instrument

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  6. ____________ means an incomplete instrument in some respect

    (a)

    Ambiguous instrument

    (b)

    Time instrument

    (c)

    Inchoate instrument

    (d)

    Documentary bill

  7. Entrepreneurs are classified into _________ groups.

    (a)

    two

    (b)

    three

    (c)

    four

    (d)

    five

  8. The second stage in the formation of the company is

    (a)

    promotion

    (b)

    registration

    (c)

    capital subscription

    (d)

    commencement of business

  9. The decisions taken at a meeting are called

    (a)

    resolutions

    (b)

    voting

    (c)

    poll

    (d)

    all of the above

  10. The ___________  is the kingpin of the whole corporate machinery.

    (a)

    Secretary

    (b)

    Directors

    (c)

    Members

    (d)

    Chairperson

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