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12th Standard Commerce English Medium Free Online Test Creative 1 Mark Questions - Part Two

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. Studying the future and arranging the means for dealing with it is part of the process of

    (a)

    Organising

    (b)

    Controlling

    (c)

    Coordinating

    (d)

    Planning

  2. The state commission may reverse or confirm the orders passed by the

    (a)

    National Commission

    (b)

    District Forum

    (c)

    Central commission

    (d)

    None of these

  3. The analysis of business environment helps a business to identify

    (a)

    new oppotunities

    (b)

    new employees

    (c)

    Profit maximisation

    (d)

    none of these

  4. Liberalization is the result of New Industrial policy which abolished the

    (a)

    Rules and regulations

    (b)

    License System

    (c)

    Panchayat System

    (d)

    None of these

  5. A contract of sale involves

    (a)

    one parties

    (b)

    three parties

    (c)

    two parties

    (d)

    more than five parties

  6. Promissory Note, Bill of Exchange or cheque is payable to order is called

    (a)

    Bearer Instrument

    (b)

    Order instrument

    (c)

    Inland instrument

    (d)

    Foreign instrument

  7. The output of an entrepreneurial process ends up in establishing an

    (a)

    environment

    (b)

    enterprise

    (c)

    organisation

    (d)

    none of these

  8. Gopal Tooth powder is an example of

    (a)

    Fabian entrepreneur

    (b)

    Drone entrepreneur

    (c)

    Corporate entrepreneur

    (d)

    Retail entrepreneur

  9. Stand-up India was launched in

    (a)

    2015

    (b)

    2016

    (c)

    2017

    (d)

    2018

  10. Minimum number of members required to apply for incorporation certificate in a Public Ltd company is

    (a)

    3

    (b)

    2

    (c)

    7

    (d)

    50

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