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12th Standard Commerce English Medium Free Online Test One Mark Questions with Answer Key 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. __________ provides a safeguard for consumers against goods and services which are hazardous to health

    (a)

    Rightto choose

    (b)

    Right to safety

    (c)

    Right to be heard

    (d)

    Right to be informed

  2. The _______ and _______ of a business guides its operations and strategic decisions.

    (a)

    Values system, image

    (b)

    Vision, objectives

    (c)

    Internal power, external power

    (d)

    None of these

  3. Entrepreneurs are classified into _________ groups.

    (a)

    two

    (b)

    three

    (c)

    four

    (d)

    five

  4. _____________ engage in business as a matter of routine.

    (a)

    Classical entrepreneur

    (b)

    First generation entrepreneur

    (c)

    Private entrepreneur

    (d)

    Public entrepreneur

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

    (a)

    promotion

    (b)

    registration

    (c)

    capital subscription

    (d)

    commencement of business

  6. If minimum subscription is not received application money should be refunded with in ___________ days.

    (a)

    20

    (b)

    25

    (c)

    30

    (d)

    10

  7. Public companies which have paid-up share capital

    (a)

    Rs 5 Crores

    (b)

    10 Crores or more

    (c)

    50 Crores

    (d)

    25 Crores

  8. The power of the company to borrow is exercised by its

    (a)

    directors

    (b)

    members

    (c)

    shareholders

    (d)

    manager

  9. A special resolution is required to

    (a)

    redeem the debentures

    (b)

    declare dividend

    (c)

    appoint directors

    (d)

    appoint auditor

  10. The meeting held with the shareholders of the company is called

    (a)

    Board meeting

    (b)

    Committees meetings

    (c)

    Shareholders meeting

    (d)

    None of these

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