New ! Commerce MCQ Practise Tests

12th Standard English Medium Commerce Reduced Syllabus Annual Exam Model Question Paper - 2021

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 02:45:00 Hrs
Total Marks : 90

    Part I

    Answer all the questions.

    Choose the most suitable answer from the given four alternatives and write the option code with the corresponding answer.

    20 x 1 = 20
  1. Modern managers are:

    (a)

    Action oriented

    (b)

    Able to build a sense of shared values

    (c)

    Able to manage changes efficiently

    (d)

    All of the above

  2. Which is the primary function of management?

    (a)

    Innovating

    (b)

    Controlling

    (c)

    Planning

    (d)

    Decision-making

  3. Which one of the following is not the main functions of a capital market?

    (a)

    To mobilise the savings from various sectors of population

    (b)

    To enables companies to raise permanent capital

    (c)

    To provide employment opportunities for various sectors of the population

    (d)

    To encourage the people to invest in productive channels

  4. Government Securities are issued by agencies such as _________

    (a)

    Central Government

    (b)

    State Governments

    (c)

    Semi-government Authorities

    (d)

    All of the above

  5. _____ is the most popular stock exchange in the world.

    (a)

    London stock exchange

    (b)

    Bombay stock exchange

    (c)

    Amsterdam stock exchange

    (d)

    Tokyo stock exchange

  6. Scope of the HRM includes

    (a)

    Retirement and separation of employees

    (b)

    HR training and development

    (c)

    Industrial relations

    (d)

    All of the above

  7. e-recruitment is possible only through ___ facility.

    (a)

    Computer

    (b)

    Internet

    (c)

    Broadband

    (d)

    4G

  8. Which type of interview is conducted to test the temperament and emotional balance of the candidate interviewed?

    (a)

    Stress interview

    (b)

    Medical examination interview

    (c)

    Group interview

    (d)

    Telephone interview

  9. Selling goods/ services through internet is

    (a)

    Green marketing

    (b)

    E- business

    (c)

    Social marketing

    (d)

    Meta marketing

  10. Caveat emptor means

    (a)

    Let the buyer beware

    (b)

    Let the seller beware

    (c)

    Both

    (d)

    None of these

  11. The most important law is the

    (a)

    Consumer Protection Act, 1986

    (b)

    Sale of Goods Act, 1930

    (c)

    Weights and Measures Act, 1958

    (d)

    Trademark Act, 1999

  12. For the State Commission, is a value above

    (a)

    Rs. 5 lakhs and Rs. 50 lakhs

    (b)

    Rs. 20 lakhs and Rs. 1 crore

    (c)

    Rs. 20 lakhs and Rs. 5 crore

    (d)

    Rs.10 lakhks and Rs. 1 crore

  13. VUCA stands for ________, _________, ________.

    (a)

    Volatility, Uncertainty, Complexity and Ambiguity

    (b)

    Volatility, Uncertainty, Complexity and Ambiguity

    (c)

    Vision, Uncertainty, Corporate Governance and Ambiguity

    (d)

    Volatility, Uncertainty, Consumer and Ambiguity

  14. __________ ownership makes bold management decisions due to their strong foundation at international level 

    (a)

    Private

    (b)

    Public

    (c)

    Both

    (d)

    None

  15. 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)

  16. Which of the below is a commercial function?

    (a)

    Accounting

    (b)

    Coordination

    (c)

    Discovery of idea

    (d)

    Planning

  17. ____________ are self made entrepreneurs.

    (a)

    First generation entrepreneurs

    (b)

    Modern entrepreneurs

    (c)

    Motivated entrepreneurs

    (d)

    None of these

  18. ______ is the Government of India's endeavour to promote culture of innovation and entrepreneurship.

    (a)

    AIM

    (b)

    STEP

    (c)

    SEED

    (d)

    AIC

  19. List I List II
    i) Registered debentures 1) Irredeemable debenture
    ii) Bearer debentures 2) Charge on the fixed assets
    iii) Perpetual debentures 3) Negotiable instrument
    iv) Secured debentures 4) Issued in the name of a particular person 
    (a)
    (i) (ii) (iii) (iv)
    2 3 4 1
    (b)
    (i) (ii) (iii) (iv)
    4 3 2 1
    (c)
    (i) (ii) (iii) (iv)
    3 4 2 1
    (d)
    (i) (ii) (iii) (iv)
    1 2 3 4
  20. Who is not entitled to speak at the annual general meeting of the company.

    (a)

    Auditor

    (b)

    Shareholder

    (c)

    Proxy

    (d)

    Director

  21. Part II

    Answer any 7 questions. Question no. 30 is compulsory.

    7 x 2 = 14
  22. What are the functional area of management?

  23. Who popularise MBO?

  24. How is prize decided in a secondary market?

  25. What do you mean be money market?

  26. Define Stock Exchange.

  27. What is Human Resource Management?

  28. What is selection?

  29. Definition of consumer.

  30. Write a note on Arrangement of finance.

  31. What do you' mean by directors?

  32. Part III

    Answer any 7 questions. Question no. 40 is compulsory.

    7 x 3 = 21
  33. Differentiate management from Administration.

  34. Discuss about evolution and growth of Indian Capital Market.

  35. What are the limitations of Stock exchange?

  36. What is meant by Dematerialization?

  37. What are the methods of recent trend in recruitment?

  38. Why do you think the medical examinations of a candidate is necessary?

  39. What can be marketed in the market?

  40. When the complaints can be made?

  41. Write about any three internal environmental factors of business.

  42. Write a short note on
    (i) Issue of shares at par
    (ii) Issue of securities at discount

  43. Part IV

    Answer all the questions.

    7 x 5 = 35
    1. Explain the primary functions of management 

      OR secondary functions of Management

    2. Explain the process of MBO. (Any seven)

    1. Explain the features and types of Commercial Bills.

    2. Briefly explain the important stock exchanges in the world. (any six).

    1. What are the benefits of Dematerialisation?

    2. Elaborate on the Managerial functions of Human Resource Management.

    1. Describe the significance of external source of recruitment. (Any seven)

    2. Explain the important methods of interview

    1. Explain any five methods of on-the-job training.

    2. Explain the recent trends in marketing.

    1. Distinguish a cheque and a bill of exchange.

    2. What are the significance of entrepreneurship? Explain. (any five)

    1. Discuss the preparation of a project report.

    2. Explain the Non-statutory functions.

*****************************************

TN 12th Standard Commerce free Online practice tests

Reviews & Comments about 12th Standard English Medium Commerce Reduced Syllabus Annual Exam Model Question Paper - 2021

Write your Comment