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12th Standard Commerce English Medium Free Online Test Creative 1 Mark Questions - 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. The voluntary transfer of possession form one person to another is called

    (a)

    Transfer

    (b)

    Change of possession

    (c)

    Delivery

    (d)

    None of these

  2. ______________ means that the goods must be saleable in the market under that denomination.

    (a)

    Sale by sample

    (b)

    Wholesomeness

    (c)

    Merchantability

    (d)

    None of these

  3. If the instrument is not 'on demand' _____________ days of grace is granted.

    (a)

    7

    (b)

    5

    (c)

    3

    (d)

    4

  4. ___________ are more prone to a variety of emotions.

    (a)

    Men

    (b)

    Women

    (c)

    Children

    (d)

    None of these

  5. _______________ get their income by way of commission and marketing.

    (a)

    Business entrepreneur

    (b)

    Industrial entrepreneur

    (c)

    Service entrepreneur

    (d)

    Trading entrepreneur

  6. __________ is a foremost challenge facing India.

    (a)

    New programmes

     

    (b)

    Innovation

    (c)

    Job Creation

    (d)

    None of these

  7. A special resolution is the one which is passed by a not less than ____________ % of majority.

    (a)

    25

    (b)

    52

    (c)

    65

    (d)

    75

  8. Any resolution passed by a simple majority is an ____________

    (a)

    Ordinary resolution

    (b)

    Special resolution

    (c)

    Resolution requiring special notice

    (d)

    none of these

  9. The quorum for a general meeting of members of public company is _______________

    (a)

    5

    (b)

    7

    (c)

    10

    (d)

    15

  10. Any meeting other than the statutory meeting and the annual general meeting of the company is called ___________.

    (a)

    extraordinary general meeting

    (b)

    general meeting

    (c)

    annual meeting

    (d)

    statutory meeting

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