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12th Standard English Medium Commerce Reduced Syllabus One mark Important Questions 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. Scientific management is developed by

    (a)

    Fayol

    (b)

    Taylor

    (c)

    Mayo

    (d)

    Jacob

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

    (a)

    MBO

    (b)

    MBE

    (c)

    MBM

    (d)

    MBA

  3. Primary market is also called as

    (a)

    Secondary market

    (b)

    Money market

    (c)

    New Issue Market

    (d)

    Indirect Market

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

    (a)

    First Time

    (b)

    Second Time

    (c)

    Three Time

    (d)

    Several Times

  5. Money Market provides _______

    (a)

    Medium-term Funds

    (b)

    Short-term Funds

    (c)

    Long-term Funds

    (d)

    Shares

  6. A marketable document of title to a time deposit for a specified period may be referred toasa _____

    (a)

    Treasury Bill

    (b)

    Certificate of Deposit

    (c)

    Commercial Bill

    (d)

    Government Securities

  7. Stock exchange allow trading in

    (a)

    All types of Shares of any Company

    (b)

    Bonds issued by the Govt

    (c)

    Listed Securities

    (d)

    Unlisted Securities

  8. ______ means the price at which securities are bought and sold are recorded and made public.

    (a)

    Market Quotations

    (b)

    Trade Quotations

    (c)

    Business Quotations

    (d)

    Buyers Quotations

  9. In which year SEBI was constituted as the regulator of capital markets in India?

    (a)

    1988

    (b)

    1992

    (c)

    2014

    (d)

    2013

  10. _____ was the first company to trade its shares in Demat form.

    (a)

    Tata Industries

    (b)

    Reliance Industries

    (c)

    Infosys

    (d)

    Birla Industries

  11. Human Resource management is both _____ and ______

    (a)

    Science and art

    (b)

    Theory and practice

    (c)

    History and Geography

    (d)

    None of the above

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

    (a)

    enter

    (b)

    leave

    (c)

    Salary

    (d)

    None of the above

  13. Recruitment is the process of identifying ______

    (a)

    right man for right job

    (b)

    good performer

    (c)

    Right job

    (d)

    All of the above

  14. Advertisement is a ______ source of recruitment

    (a)

    internal

    (b)

    external

    (c)

    agent

    (d)

    outsourcing

  15. The poor quality of selection will mean extra cost on_______ and supervision

    (a)

    Training

    (b)

    Recruitment

    (c)

    work quality

    (d)

    None of these

  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. Scrutiny of application process is the

    (a)

    Last step in Selection Process

    (b)

    First step in selection process

    (c)

    Third step in Selection Process

    (d)

    None of the above

  18. Off the Job training is given

    (a)

    In the class room

    (b)

    On off days

    (c)

    Outside the factory

    (d)

    In the playground

  19. ______is useful to prevent skill obsolescence of employees

    (a)

    Training

    (b)

    Job analysis

    (c)

    Selection

    (d)

    Recruitment

  20. Case study method is _______type of trainee

    (a)

    Only theoritical training

    (b)

    Both theory and practical training

    (c)

    Hands on training

    (d)

    Abservation Training

  21. 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

  22. Marketing mix means a marketing program that is offered by a firm to its target ________ to earn profits through satisfaction of their wants

    (a)

    Wholesaler

    (b)

    Retailer

    (c)

    Consumer

    (d)

    Seller

  23. Which one represents a duster of manufacturers, content providers and online retailers organised around an activity?

    (a)

    Virtual mall·

    (b)

    Association

    (c)

    Metomediary

    (d)

    Portal

  24. A company's products and prices is visually represented by

    (a)

    Shopping cart

    (b)

    Web portal

    (c)

    Electronic catalogue

    (d)

    Revenue model

  25. Sale of Goods Act was passed in the year.

    (a)

    1962

    (b)

    1972

    (c)

    1982

    (d)

    1985

  26. Any person who buys any goods or avails services for personal use, for a consideration is called as

    (a)

    Customer

    (b)

    Consumer

    (c)

    Buyer

    (d)

    User

  27. As the consumer is having the rights, they are also having______

    (a)

    Measures

    (b)

    Promotion

    (c)

    Responsibilities

    (d)

    Duties

  28. The Chairman of the State Consumer Protection Council is_________.

    (a)

    Judge of a High Court

    (b)

    Chief Minister

    (c)

    Finance Minister

    (d)

    None of the above

  29. The District Forum can entertain complaints where the value of goods or services and the compensation if any claimed is less than

    (a)

    Below Rs. 10,00,000

    (b)

    Below Rs. 20,00,000

    (c)

    Below Rs. 40,00,000

    (d)

    Below Rs. 50,00,000

  30. Complaints can also be filed by the

    (a)

    Central Government

    (b)

    State Government

    (c)

    A group of consumers

    (d)

    All of the above

  31. Factors within an organisation constitutes _________ environment.

    (a)

    External

    (b)

    Internal

    (c)

    Micro

    (d)

    Macro

  32. The two major types of business environment are ________ and ________.

    (a)

    Internal, External

    (b)

    Micro, Macro

    (c)

    Supplier, Competitors

    (d)

    Financial, Public

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

    (a)

    Private

    (b)

    Public

    (c)

    Corporate

    (d)

    MNC's

  34. Which of the below constitutes the essential element of contract of sale?

    (a)

    Two parties

    (b)

    Transfer of property

    (c)

    Price

    (d)

    All of the above

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

    (a)

    Warranty

    (b)

    Condition

    (c)

    Right

    (d)

    Agreement

  36. The transferee of a Negotiable Instrument is the one _______________

    (a)

    Who transfer the instrument

    (b)

    On whose name it is transferred

    (c)

    Who enchases it

    (d)

    None of the above

  37. Which endorsement relieves the endorser from incurring liability in the event of dishonour

    (a)

    Restrictive

    (b)

    Faculative

    (c)

    Sans resourse

    (d)

    Conditional

  38. What are the characteristics of an entrepreneur?

    (a)

    Spirit of enterprice

    (b)

    Flexibility

    (c)

    Self Confidence

    (d)

    All of the above

  39. Which of the following is the Activity of a Business Entrepreneur?

    (a)

    Production

    (b)

    Marketing

    (c)

    Operation

    (d)

    All of the above

  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. _____________is designed to transform India to a global design and manufacturing hub.

    (a)

    Digital India

    (b)

    Make in India

    (c)

    Startup India

    (d)

    Design India

  43. _____ should cover aspects like sources of finance, technical know-how, source of labour and raw material, market potential and profitability.

    (a)

    Technical Report

    (b)

    Finance Report

    (c)

    Project Report

    (d)

    Progress Report

  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. Specify the document which comes under the Negotiable Instrument Act.

    (a)

    Share Certificate

    (b)

    Share

    (c)

    Share Warrant

    (d)

    Stock

  46. The shares which are offered first to the existing shareholder at reduced price is known as ______

    (a)

    Bonus Share

    (b)

    Equity Share

    (c)

    Right Share

    (d)

    Preference Share

  47. A Private Company shall have a minimum of_____________

    (a)

    Seven directors

    (b)

    Five directors

    (c)

    Three directors

    (d)

    Two directors

  48. What is the statue of Directors will regulate money of the company.

    (a)

    Banker

    (b)

    Holder

    (c)

    Agent

    (d)

    Trustees

  49. Which meeting will be held only once in the life time of the company?

    (a)

    Statutory

    (b)

    Annual General

    (c)

    Extra - ordinary

    (d)

    Class General

  50. What percentage of shareholders is needed to pass special resolution?

    (a)

    It must be unanimous

    (b)

    Not less than 90%

    (c)

    Not less than 75%

    (d)

    More than 50%

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