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

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. Which of the following is not a function of management?

    (a)

    Staffing

    (b)

    Planning

    (c)

    Controlling

    (d)

    Cooperation

  2. Bills that are accompanied by documents of title to goods are called

    (a)

    Foreign bills

    (b)

    Indigeneous bills

    (c)

    Documentary bills

    (d)

    Demand bill

  3. A pessimistic speculator is

    (a)

    Stag

    (b)

    Bear

    (c)

    Bull

    (d)

    Lame Duck

  4.   List I   List II
    i)  Regulation of stock exchange 1) Reducing the risk of delivery
    ii) Checking the insider trading 2) Middlemen
    iii) Protection to the investors 3) Buyer and selling of securities
    iv) Control over brokers 4) First objective of SEBI
    (a)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (b)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (c)
    (i) (ii) (iii) (iv)
    3 4 2 1
    (d)
    (i) (ii) (iii) (iv)
    2 1 4 3
  5. The poor quality of selection will mean extra cost on_______ and supervision

    (a)

    Training

    (b)

    Recruitment

    (c)

    work quality

    (d)

    None of these

  6. Which one of the market deals in the purchase and sale of shares and debentures?

    (a)

    Stock Exchange Market

    (b)

    Manufactured Goods Market

    (c)

    Local Market

    (d)

    Family Market

  7. _______is a medium for place to interact and exchange goods and services

    (a)

    Commerce

    (b)

    Industry

    (c)

    Business

    (d)

    Market

  8. The International Organisation of Consumers Unions (IOCU)was first established in

    (a)

    1960

    (b)

    1965

    (c)

    1967

    (d)

    1987

  9. Which endorsement relieves the endorser from incurring liability in the event of dishonour

    (a)

    Restrictive

    (b)

    Faculative

    (c)

    Sans resourse

    (d)

    Conditional

  10. A Public Company having a paid up Share Capital of Rs._________ or more may have a Director, elected by such small shareholders.

    (a)

    One

    (b)

    Three

    (c)

    Five

    (d)

    Seven

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