New ! Commerce MCQ Practise Tests



First Mid Term Model Questions

12th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    10 x 1 = 10
  1. Management is what a _________ does?

    (a)

    Manager

    (b)

    Subordinate

    (c)

    Supervisor

    (d)

    Superior

  2. How are principles of management formed?

    (a)

    In a laboratory

    (b)

    By experience of mangers

    (c)

    By experience of mangers

    (d)

    By experience of producers

  3.   List I   List II
    i) Management 1) Managerial functions
    ii) Administration 2) Planned goals
    iii) Co-ordination 3) Top level
    iv) Cyclical process 4) Lower level
    (a)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (b)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (c)
    (i) (ii) (iii) (iv)
    2 3 1 4
    (d)
    (i) (ii) (iii) (iv)
    3 4 2 1
  4. Which of the following is not a function of management?

    (a)

    Budgeting

    (b)

    Profit earning

    (c)

    Staffing

    (d)

    Planning

  5. __________ System gives full Scope to the Individual Strength and Responsibility.

    (a)

    MBO

    (b)

    MBE

    (c)

    MBM

    (d)

    MBA

  6. MBO is popularised in

    (a)

    USA

    (b)

    Japan

    (c)

    India

    (d)

    UK

  7. Spot Market is a market where the delivery of the financial instrument and payment of cash occurs _______.

    (a)

    Immediately

    (b)

    In the future

    (c)

    Uncertain

    (d)

    After one month

  8. A major player in the money market is the ______.

    (a)

    Commercial Bank

    (b)

    Reserve Bank of India

    (c)

    State Bank of India

    (d)

    Central Bank.

  9. Stock exchanges deal in

    (a)

    Goods

    (b)

    Services

    (c)

    Financial Securities

    (d)

    Country's Currency

  10. _____ account can be opened with no balance of shares.

    (a)

    Fixed

    (b)

    Current

    (c)

    Demat

    (d)

    Recurring deposit

  11. 5 x 2 = 10
  12. What do you mean by Span of management?

  13. What are the three jobs of management?

  14. What is meant by Innovation?

  15. What is known as KRA?

  16. How is price decided in a Secondary Market?

  17. 5 x 3 = 15
  18. Discuss the differences between the contributions of Taylor and Fayol.

  19. 'Selection is a negative Process'. Do you agree?

  20. How new issues are floated in the primary market?

  21. Write a short note on clean bills and documentary bills.

  22. What is NIFTY? and Explain it.

  23. 3 x 5 = 15
  24. Explain the concept of management. (any 5)

  25. Discuss the disadvantages of MBE.

  26. Differenciate between the Money Market and Capital Market.(any 5)

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