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12th Standard English Medium Commerce Reduced Syllabus One mark Important Questions - 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. Management is an ___________

    (a)

    Art

    (b)

    Science

    (c)

    Art and Science

    (d)

    Art or Science

  2. Distribution of work in groupwise or sectionwise is called as _________

    (a)

    Co-ordinating

    (b)

    Controlling

    (c)

    Staffing

    (d)

    Organising

  3. _________ keeps Management Alert to Opportunities and Threats by Identifying Critical Problems.

    (a)

    MBA

    (b)

    MBE

    (c)

    MBM

    (d)

    MBO

  4. Primary market is also called as

    (a)

    Secondary market

    (b)

    Money market

    (c)

    New Issue Market

    (d)

    Indirect Market

  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. Primary market is a Market where securities are traded in the

    (a)

    First Time

    (b)

    Second Time

    (c)

    Three Time

    (d)

    Several Times

  7. Money Market Institutions are _____

    (a)

    Investment Houses

    (b)

    Mortgage Banks

    (c)

    Reserve Bank of india

    (d)

    Commercial Banks and Discount Houses

  8. The market for buying and selling of Commercial Bills of Exchange is known as a _____

    (a)

    Commercial Paper Market

    (b)

    Treasury Bill Market

    (c)

    Commercial Bill Market

    (d)

    Capital Market

  9. Jobbers transact in a stock exchange

    (a)

    For their Clients

    (b)

    For their Own Transactions

    (c)

    For other Brokers

    (d)

    For other Members

  10. A bull operator believes in

    (a)

    Increase in Prices

    (b)

    Decrease in Prices

    (c)

    Stability in Prices

    (d)

    No change in Prices

  11. SEBI is empowered by the Finance ministry to nominate ______ members on the Governing body of every stock exchange.

    (a)

    5

    (b)

    3

    (c)

    6

    (d)

    7

  12. _____ enables small investors to participate in the investment on share capital of large companies.

    (a)

    Mutual Funds

    (b)

    Shares

    (c)

    Debentures

    (d)

    Fixed deposits

  13. Human resource management determines the ______ relationship.

    (a)

    internal, external

    (b)

    employer, employee

    (c)

    Owner, Servant

    (d)

    Principle, Agent

  14. Recruitment is the process of identifying ______

    (a)

    right man for right job

    (b)

    good performer

    (c)

    Right job

    (d)

    All of the above

  15. Transfer is an _____ source of recruitment.

    (a)

    internal

    (b)

    external

    (c)

    outsourcing

    (d)

    None of the above

  16. Which of the following test is used to measure the various characteristics of the candidate?

    (a)

    Physical Test

    (b)

    Psychological Test

    (c)

    Attitude Test

    (d)

    Proficiency tests

  17. The process of placing the right man on the right job is called________

    (a)

    Training

    (b)

    Placement

    (c)

    Promotion

    (d)

    Transfer

  18. Vestibule training is provided

    (a)

    On the job

    (b)

    In the class room

    (c)

    In a situation similar to actual working environment

    (d)

    By the committee

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

    (a)

    Under study

    (b)

    Coaching

    (c)

    Conferences

    (d)

    Counseling

  20. Which one of the market deals in the purchase and sale of shares and debentures?

    (a)

    Stock Exchange Market

    (b)

    Manufactured Goods Market

    (c)

    Local Market

    (d)

    Family Market

  21. In the following variables which one is not the variable of marketing mix?

    (a)

    Place Variable

    (b)

    Product Variable

    (c)

    Program Variable

    (d)

    Price Variable

  22. Social marketing deals with:

    (a)

    Society

    (b)

    Social Class

    (c)

    Social change

    (d)

    Social evil

  23. Green Shelter concept was introduced by group:

    (a)

    ACME

    (b)

    Tata

    (c)

    Reliance

    (d)

    ICI

  24. Who is the father of Consumer Movement?

    (a)

    Mahatma Gandhi

    (b)

    Mr. Ihon F.Kennedy

    (c)

    Ralph Nader

    (d)

    Jawaharlal Nehru

  25. The Consumer Protection Act came into force with effect from

    (a)

    1.1.1986

    (b)

    1.4.1986

    (c)

    15.4.1987

    (d)

    15.4.1990

  26. _________is the king of modern marketing.

    (a)

    Consumer

    (b)

    Wholesaler

    (c)

    Producer

    (d)

    Retailer

  27. Which of the following is not a consumer right summed up by John F. Kennedy

    (a)

    Right to safety

    (b)

    Right to choose

    (c)

    Right to consume

    (d)

    Right to be informed

  28. The National Consumer Disputes Redressal Commission has jurisdiction to entertain complaints where the value of goods/services complained against and the compensation, if any, claimed is

    (a)

    Exceeding Rs. 1 crore

    (b)

    Exceeding Rs. 10 lakhs

    (c)

    Exceeding Rs. 5 lakhs

    (d)

    Exceeding Rs. 12lakhs

  29. 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

  30. GST stands for ________.

    (a)

        Goods and Supply Tax

    (b)

    Government Sales Tax

    (c)

    Goods and Services Tax

    (d)

    General Sales Tax

  31. ________ environment includes weather and climatic conditions.

    (a)

    Technological

    (b)

    Geo-physical environment

    (c)

    Socio-cultural

    (d)

    Global

  32. _________ ownership makes bold management decisions due to their strong foundation in the international level.

    (a)

    Private

    (b)

    Public

    (c)

    Corporate

    (d)

    MNC's

  33. New Economic Policy was introduced in the year___________.

    (a)

    1980

    (b)

    1991

    (c)

    2013

    (d)

    2015

  34. In case of the sale, the __ has the right to sell

    (a)

    Buyer

    (b)

    Seller

    (c)

    Hirer

    (d)

    Consignee

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

    (a)

    Warranty

    (b)

    Condition

    (c)

    Right

    (d)

    Agreement

  36. Negotiable Instrument is freely transferable by delivery if it is a instrument.

    (a)

    Order

    (b)

    Bearer

    (c)

    Both a & b

    (d)

    None of the above

  37. ___________cannot be a bearer instrument.

    (a)

    Cheque

    (b)

    Promissory Note

    (c)

    Bills of exchange

    (d)

    None of the above

  38. Which of the below is a factor of production?

    (a)

    Land

    (b)

    Labour

    (c)

    Enterpreneurship

    (d)

    All of the above

  39. Which of the below is not classified into managerial functions?

    (a)

    Planning

    (b)

    Marketing

    (c)

    Organizing

    (d)

    Controlling

  40. Find the odd one out in context of Trading Entrepreneur.

    (a)

    Selling

    (b)

    Commision

    (c)

    Buying

    (d)

    Manufacturing

  41. ____________Entrepreneur Supply Services Unlike.

    (a)

    Hoteliers

    (b)

    Banking

    (c)

    Airlines

    (d)

    Livestock

  42. The _______________ initiative was launched to modernize the Indian economy to make all governments services available electronically.

    (a)

    Standup India

    (b)

    Startup India

    (c)

    Digital India

    (d)

    Make in India

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

    (a)

    AIM

    (b)

    STEP

    (c)

    SEED

    (d)

    AIC

  44. For which type of capital a company pays the prescribed fees at the time of registration?

    (a)

    Subscribed Capital

    (b)

    Authorised Capital

    (c)

    Paid-up Capital

    (d)

    Issued Capital

  45. Who can issue stock?

    (a)

    Public

    (b)

    Private

    (c)

    One Person

    (d)

    Small

  46. A person Shall hold office as a director in ___________companies as per the Companies Act, 2013.

    (a)

    5 companies

    (b)

    10 companies

    (c)

    20 companies

    (d)

    15 companies

  47. A Public Company having a paid up Share Capital of Rs._________ or more may have a Director, elected by such small shareholders.

    (a)

    One

    (b)

    Three

    (c)

    Five

    (d)

    Seven

  48. Mention the status of a Company Secretary in a company.

    (a)

    A member

    (b)

    A director

    (c)

    An independent

    (d)

    An employee contractor

  49. Who is not entitled to speak at the annual general meeting of the company.

    (a)

    Auditor

    (b)

    Shareholder

    (c)

    Proxy

    (d)

    Director

  50. A special resolution is required to

    (a)

    redeem the debentures

    (b)

    declare dividend

    (c)

    appoint directors

    (d)

    appoint auditor

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