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12th Standard English Medium Commerce Reduced Syllabus Creative One mark Question with Answer key - 2021(Public Exam )

12th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50

    Part A

    50 x 1 = 50
  1. Which of the following is not a principle of management given by Taylor?

    (a)

    Functional foremanship

    (b)

    Science, not rule of the thumb

    (c)

    Maximum, not restricted output

    (d)

    Harmony, not dischord

  2.   List I   List II
    i) Code of conduct 1) Directing and controlling
    ii) Professional Association 2) Human resources
    iii) Functional 3) Manageerial profession
    iv) Behavioural school 4) Social responsibilities
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    3 4 2 1
    (c)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (d)
    (i) (ii) (iii) (iv)
    2 3 1 4
  3. ___________ means decisions taken by manager as per their personal judgements.

    (a)

    Mental revolution

    (b)

    Cooperation

    (c)

    Rule of thumb

    (d)

    None of these

  4. Which of the following would be included in the "Controlling function"?

    (a)

    Measuring results against corporate objectives

    (b)

    Explaining routines

    (c)

    Setting standards

    (d)

    Giving assignments

  5. _________ refers to placement of right persons in the right jobs.

    (a)

    Directing

    (b)

    Planning

    (c)

    Controlling

    (d)

    Staffing

  6. Systematic evaluation of performance is made with the help of

    (a)

    MBO

    (b)

    KRA

    (c)

    MBE

    (d)

    MBA

  7. List I List II
    i) Reappraisal of objectives 1) Technical personnel or scarce raw material
    ii) Appraisal of activities 2) Market standing, innovation
    iii) Matching resources 3) Discussion between superior and subordinates
    iv) Key results area 4) Short period
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (c)
    (i) (ii) (iii) (iv)
    2 3 4 1
    (d)
    (i) (ii) (iii) (iv)
    3 4 1 2
  8. _________ is a time consuming process.

    (a)

    MBE

    (b)

    KRA

    (c)

    MBO

    (d)

    None of these

  9. Money market where debit and stocks are traded and maturity period is more than a year is classified as

    (a)

    shortterm markets

    (b)

    longterm markets

    (c)

    capital markets

    (d)

    None of these

  10. __________ is the market for short term financial claim.

    (a)

    Debt market

    (b)

    Equity market

    (c)

    Money market

    (d)

    Capital market

  11. Which markets make possible to generate foreign capital?

    (a)

    Primary market

    (b)

    Secondary market

    (c)

    Money market

    (d)

    Capital market

  12. Capital market is called ___________ market.

    (a)

    financial

    (b)

    money

    (c)

    securities

    (d)

    debt

  13. Stock exchange ___________ speculation in shares.

    (a)

    does not allow

    (b)

    discourage

    (c)

    encourage

    (d)

    prohibits

  14. Certificate of Deposits are issued in the form of usance

    (a)

    Bill of exchange

    (b)

    Promissory notes

    (c)

    Commercial bills

    (d)

    None of these

  15. Treasury bills have high liquidity because of

    (a)

    extensive secondary markets

    (b)

    extensive primary markets

    (c)

    premium money markets

    (d)

    discounted money markets

  16. ____ are the nerve centre of the whole money market.

    (a)

    Commercial banks

    (b)

    Reserve bank

    (c)

    State bank

    (d)

    Indian Overseas bank

  17. Stock exchange requires recognition from the

    (a)

    State government

    (b)

    Central government

    (c)

    Commercial bank

    (d)

    Financial institutions

  18. The right to buy is called

    (a)

    Call option

    (b)

    Put option

    (c)

    Both

    (d)

    None of these

  19. ____ is considered as the oldest stock exchange in the world.

    (a)

    Bombay stock exchange

    (b)

    Amsterdam stock exchange

    (c)

    London stock exchange

    (d)

    Tokyo stock exchange

  20. _____ does not perform economic function.

    (a)

    Speculation

    (b)

    Jobbers

    (c)

    Brokers

    (d)

    Gambling

  21. Securities and exchange Board of India was first established in the year

    (a)

    1980

    (b)

    1986

    (c)

    1988

    (d)

    1990

  22. Where is the headquarter of the SEBI?

    (a)

    Delhi

    (b)

    Bengalure

    (c)

    Chennai

    (d)

    Mumbai

  23.   List I   List II
    i)  Brokers 1) 1988
    ii) SEBI 2) Physical share certificates
    iii) Stock exchange 3) Share market
    iv) Dematerialisation 4) Capital market
    (a)
    (i) (ii) (iii) (iv)
    4 1 3 1
    (b)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (c)
    (i) (ii) (iii) (iv)
    2 3 4 1
    (d)
    (i) (ii) (iii) (iv)
    3 4 2 1
  24. _____ is the supervisory body established to regulate Indian Stock Market.

    (a)

    SEBI

    (b)

    Mutual fund

    (c)

    Primary market

    (d)

    Secondary market

  25. Human resource management is primarily concerned with

    (a)

    sales

    (b)

    dimensions of people

    (c)

    external environment

    (d)

    internal environment

  26. _____ relations depend on human resource.

    (a)

    Industrial

    (b)

    Business

    (c)

    Technological

    (d)

    All of these

  27. To be ethical and social towards needs of society is _____ objective of HRM.

    (a)

    societal

    (b)

    operational

    (c)

    functional

    (d)

    all of these

  28. In recruitment costs, agency fees, recruitment advertisement and salaries of recruiters is classified as

    (a)

    direct cost

    (b)

    indirect cost

    (c)

    both

    (d)

    none of the above

  29. _____ is the process of finding suitable candidates for the various posts in an organisation.

    (a)

    Recruitment

    (b)

    Selection

    (c)

    Training

    (d)

    Placement

  30. Promotion is a _____ source recruitment.

    (a)

    suitable

    (b)

    higher

    (c)

    internal

    (d)

    external

  31. Kind of interviews which creates anxiety among interviewees by putting pressure to see how applicant respond is classified as

    (a)

    Panel interview

    (b)

    stress interview

    (c)

    directive interview

    (d)

    online interview

  32. ______is conducted before) during or after a learning experience.

    (a)

    Achievement test

    (b)

    Aptitude test

    (c)

    Judgement test

    (d)

    Intelligence test

  33. Laboratory training is also known by the name

    (a)

    Sensitivity training

    (b)

    Job instruction training

    (c)

    Apprenticeship training

    (d)

    None of the above

  34. __________provides short term and very short term finance to industries, banks and financial intermediaries.

    (a)

    Money market

    (b)

    Foreign exchange market

    (c)

    Regulated market 

    (d)

    None of these

  35. Which is the value of a product expressed in monetary terms?

    (a)

    Product

    (b)

    Price

    (c)

    Promotion

    (d)

    Place

  36. _______means giving a name or symbol to a product in order to differentiate it from competitive products

    (a)

    Market information

    (b)

    Standardization

    (c)

    Branding

    (d)

    Pricing

  37. ________warehouses are licensed by the government and are permitted to accept the goods on bond.

    (a)

    Private

    (b)

    Public

    (c)

    Bonded

    (d)

    Household

  38. _______are networks that connect people within a company to each other and to the company network.

    (a)

    Intranets

    (b)

    Extranets

    (c)

    Internets

    (d)

    None of these

  39. The consumer protection Act is referred in shourt as

    (a)

    CPA

    (b)

    COPRA

    (c)

    CAT

    (d)

    None of these

  40. _________ of popular products are illegally produced and sold.

    (a)

    Original products

    (b)

    Duplicate products

    (c)

    Consumer products

    (d)

    None of these

  41. There are __________ parties involved in the sphere of business transactions.

    (a)

    three

    (b)

    four

    (c)

    five

    (d)

    six

  42. In a consumer court cases are disposed of within __________.

    (a)

    reasonable time

    (b)

    30/68 days

    (c)

    90/150 days

    (d)

    no-time limit is prescribed

  43. 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

  44. The total number of rights given to consumers as per consumer protection Act is

    (a)

    5

    (b)

    4

    (c)

    6

    (d)

    8

  45. The best examples of _________ kind are food additives, colours, and preservatives

    (a)

    Right of safety

    (b)

    Right to be informed

    (c)

    Right to choose

    (d)

    Right to seek redressal

  46. The number of members in District Forum, State Commission and National Commission are _________ respectively

    (a)

    3,3,5

    (b)

    3,3,3

    (c)

    1,3,5

    (d)

    3,2,4

  47. Formal written complaint of employees is called

    (a)

    grievance arbitration

    (b)

    grievance strike

    (c)

    grievance

    (d)

    employee ownership

  48. These are forces in company's immediate environment that affect the company's performance.

    (a)

    Macro environment

    (b)

    Micro environment

    (c)

    Technological environment

    (d)

    Natural environment

  49. ________ and ______  environment of society affects the business

    (a)

    Social, cultural

    (b)

    Economic, non-economic

    (c)

    Political, Iegal

    (d)

    Geo, physical

  50. _________ brings an end to the difference between domestic and international markets.

    (a)

    Liberalization

    (b)

    Globalization

    (c)

    Privatization

    (d)

    None of these

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