New ! Commerce MCQ Practise Tests



Sample 1 Mark Book Back Questions (New Syllabus) 2020

12th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 29

    Part A

    29 x 1 = 29
  1. With a wider span, there will be ________ hierarchical levels.

    (a)

    More

    (b)

    Less

    (c)

    Multiple

    (d)

    Additional

  2. Which of the following is verification function?

    (a)

    Planning

    (b)

    Organising

    (c)

    Staffing

    (d)

    Controlling

  3. Delegation of Authority is Easily Done with the Help of _______.

    (a)

    MBM

    (b)

    MBE

    (c)

    MBO

    (d)

    MBA

  4. How many times a security can be sold in a secondary market?

    (a)

    Only one time

    (b)

    Two time

    (c)

    Three times

    (d)

    Multiple times

  5. How many times a security can be sold in a secondary market?

    (a)

    Only One Time

    (b)

    Two Time

    (c)

    Three Times

    (d)

    Multiple Times

  6. Government Securities are issued by agencies such as _________

    (a)

    Central Government

    (b)

    State Governments

    (c)

    Semi-government Authorities

    (d)

    All of the above

  7. The rules and regulations of Stock exchange is framed by _____ guide lines.

    (a)

    RBI

    (b)

    Central Government

    (c)

     

    SEBI

    (d)

    BSE

  8. PAN stands for ______

    (a)

    Permanent Amount Number

    (b)

    Primary Account Number

    (c)

    Permanent Account Number

    (d)

    Permanent Account Nominee

  9. Labour turnover is the rate at which employees _____ the organisation.

    (a)

    enter

    (b)

    leave

    (c)

    Salary

    (d)

    None of the above

  10. E-recruitment is possible only through ___ facility.

    (a)

    Computer

    (b)

    Internet

    (c)

    Broadband

    (d)

    4G

  11. Job first man next is one of the principles of______.

    (a)

    Test

    (b)

    Interview

    (c)

    Training

    (d)

    Placement

  12. Elaborate discussion on specific topic comes under_______method of training.

    (a)

    Under study

    (b)

    Coaching

    (c)

    Conferences

    (d)

    Counseling

  13. Stock Exchange Market is also called______

    (a)

    Spot Market

    (b)

    Local Market

    (c)

    Security Market

    (d)

    National Market

  14. Which one is the example of Intangible product?

    (a)

    Education

    (b)

    Mobiles

    (c)

    Garments

    (d)

    Vehicles

  15. Pure play retailers are called

    (a)

    Market creators

    (b)

    Transaction brokers

    (c)

    Merchants

    (d)

    Agents

  16. The General Assembly of United Nations passed resolution of consumer protection guide lines on

    (a)

    1985

    (b)

    1958

    (c)

    1986

    (d)

    1988

  17. 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

  18. The Chairman of the District Forum is ________.

    (a)

    District Judge

    (b)

    High Court Judge

    (c)

    Supreme Court Judge

    (d)

    None of the above

  19. A consumer has to be protected against

    (a)

    Defects of product

    (b)

    Deficiencies of product

    (c)

    Unfair and restrictive trade practices

    (d)

    All of the above

  20. The size and composition of the population is part of _________ environment.

    (a)

    Economic

    (b)

    Technological

    (c)

    Socio-Cultural

    (d)

    Geo-physical

  21. New Economic Policy was introduced in the year___________.

    (a)

    1980

    (b)

    1991

    (c)

    2013

    (d)

    2015

  22. The unpaid seller can exercise his right of stoppage of goods in transit where the buyer.

    (a)

    Becomes insolvent

    (b)

    Refuses to pay price

    (c)

    Payment of price

    (d)

    Both (b) and (c)

  23. Document of title to the goods exclude ______________

    (a)

    Lorry receipt

    (b)

    Railway receipt

    (c)

    Airway bill

    (d)

    Invoice

  24. Which of the below is a commercial function?

    (a)

    Accounting

    (b)

    Coordination

    (c)

    Discovery of idea

    (d)

    Planning

  25. Which of the below is not a Characteristic of a Fabian Entrepreneur?

    (a)

    Conservative

    (b)

    Risk averse

    (c)

    Sceptical

    (d)

    Adaptive

  26. _____ has to include the mechanism for managing venture in the project report.

    (a)

    Banker

    (b)

    Government

    (c)

    Lending Institutions

    (d)

    Entrepreneur

  27. The Companies Act 2013 Prohibits the issue of shares at__________ to the public.

    (a)

    Premium

    (b)

    Par

    (c)

    Discount

    (d)

    Both at par and Premium

  28. The Board of Directors can exercise the power to appoint directors in the case of

    (a)

    Additional Directors

    (b)

    Filling up the Casual vacancy

    (c)

    Alternate Directors

    (d)

    All the above

  29. A special resolution is required to

    (a)

    redeem the debentures

    (b)

    declare dividend

    (c)

    appoint directors

    (d)

    appoint auditor

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