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12th Standard Commerce English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Nine

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 the functional areas of management?

    (a)

    Production management

    (b)

    Marketing management

    (c)

    Personnel management

    (d)

    Information management

  2. Money Market Institutions are _____

    (a)

    Investment Houses

    (b)

    Mortgage Banks

    (c)

    Reserve Bank of india

    (d)

    Commercial Banks and Discount Houses

  3. ______ means the price at which securities are bought and sold are recorded and made public.

    (a)

    Market Quotations

    (b)

    Trade Quotations

    (c)

    Business Quotations

    (d)

    Buyers Quotations

  4. Human resource management determines the ______ relationship.

    (a)

    internal, external

    (b)

    employer, employee

    (c)

    Owner, Servant

    (d)

    Principle, Agent

  5. Probation/Trial period signifies

    (a)

    one year to two years

    (b)

    one year to three years

    (c)

    Two years to Four years

    (d)

    None of the above

  6. __________ of every year is declared as a Consumer Protection Day to educate the public about their rights and responsibilities.

    (a)

    August 15

    (b)

    April 15

    (c)

    March 15

    (d)

    September 15

  7. The District Forum can entertain complaints where the value of goods or services and the compensation if any claimed is less than

    (a)

    Below Rs. 10,00,000

    (b)

    Below Rs. 20,00,000

    (c)

    Below Rs. 40,00,000

    (d)

    Below Rs. 50,00,000

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

    (a)

    Warranty

    (b)

    Condition

    (c)

    Right

    (d)

    Agreement

  9. Motive of a Pure Entrepreneur is 

    (a)

    Rendering service

    (b)

    Earning profit

    (c)

    Attaining status

    (d)

    Both b&c

  10. Under the Companies Act, which one of the following powers can be exercised by the Board of Directors?

    (a)

    Power to sell the company's undertakings

    (b)

    Power to make call

    (c)

    Power to borrow money in excess of the paid up capital

    (d)

    Power to reappoint an auditor

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