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

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. How are principles of management formed?

    (a)

    In a laboratory

    (b)

    By experience of mangers

    (c)

    By experience of mangers

    (d)

    By experience of producers

  2. _____ is an instrument drawn by a seller of goods on a buyer of goods.

    (a)

    Treasury bill

    (b)

    Certificate of deposit

    (c)

    Commercial bill

    (d)

    None of these

  3. The normal trading time for equity market is between

    (a)

    8:30 a.m to 7:30 p.m

    (b)

    9:15 a.m to 3:30 p.m

    (c)

    6:00 a.m to 6:00 p.m

    (d)

    7:30 a.m to 7:00 p.m

  4. A _____ is a cautious speculator in the stock exchange.

    (a)

    Lame Duck

    (b)

    Bull

    (c)

    Bear

    (d)

    Stag

  5. The Consumer Protection Act came into force with effect from

    (a)

    1.1.1986

    (b)

    1.4.1986

    (c)

    15.4.1987

    (d)

    15.4.1990

  6. It is the responsibility of a consumer that he must obtain _________ as a proof for the purchase of goods.

    (a)

    Cash receipt

    (b)

    Warranty card

    (c)

    Invoice

    (d)

    All of these

  7. The two major types of business environment are ________ and ________.

    (a)

    Internal, External

    (b)

    Micro, Macro

    (c)

    Supplier, Competitors

    (d)

    Financial, Public

  8. ____ is a stipulation which is collateral to main purpose of contract:

    (a)

    Warranty

    (b)

    Condition

    (c)

    Right

    (d)

    Agreement

  9. Poultry, Flowers, Fruits, etc are called allied Products of ____________entrepreneur.

    (a)

    Coporate

    (b)

    Retail

    (c)

    Trading

    (d)

    Agricultural

  10. A Public Company shall have a minimum of_________ Directors.

    (a)

    Twelve

    (b)

    Seven

    (c)

    Three

    (d)

    Two

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