+1 Public March 2019 Model Question

11th Standard

    Reg.No. :
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Commerce

Time : 02:30:00 Hrs
Total Marks : 90
    20 x 1 = 20
  1. The place where the goods are sold is ______________

    (a)

    Angadi

    (b)

    Market

    (c)

    Nalangadi

    (d)

    Allangadi

  2. Commerce is mainly concerned with

    (a)

    Connecting producer and consumer

    (b)

    Pricing of goods

    (c)

    Buying and Selling of goods

    (d)

    Manufacturing of goods

  3. A partnership is formed by ___________

    (a)

    agreement

    (b)

    relationship among persons

    (c)

    the direction of government

    (d)

    friendship

  4. A Company, in which not less than fifty are the percent of paid-up share capital is held by a State Government, is known as __________ Company.

    (a)

    Chartered

    (b)

    Foreign

    (c)

    Government

    (d)

    Statutory

  5. All Co-operatives are established with

    (a)

    Philanthropic motive

    (b)

    Service Motive

    (c)

    Profit motive

    (d)

    Reform motive

  6. Airport Authority of India is a public enterprise.Identify the form of organisation

    (a)

    Statutory Corporations

    (b)

    Departmental Undertakings

    (c)

    Multi-National Corporations

    (d)

    State Owned Company

  7. Which bank has the power to issue Bank notes?

    (a)

    Central Bank

    (b)

    Commercial Bank

    (c)

    Co-operative Bank

    (d)

    Foreign Bank

  8. National Electronic Funds Transfer was launched by RBI in

    (a)

    2002

    (b)

    2006

    (c)

    2005

    (d)

    2007

  9. A warehouse holds goods as a __________ centre.

    (a)

    Marketing

    (b)

    Sorting

    (c)

    Distribution

    (d)

    Selling

  10. ____________Policy is a plan which provides coverage to a number of persons under one contract.

    (a)

    Endowment

    (b)

    Money Back

    (c)

    Group Insurance

    (d)

    Term

  11. A Company under outsourcing transfers activities which are

    (a)

    Core

    (b)

    Non-core

    (c)

    Business

    (d)

    Non-Business

  12. Which of the following is not one of the underlying principles of the corporate governance combined code of practice?

    (a)

    acceptability

    (b)

    integrity

    (c)

    openness

    (d)

    accountability

  13. Internal sources of Capital are those that are ____

    (a)

    generated through outsiders such as suppliers

    (b)

    generated through loans from commercial banks

    (c)

    generated through loans from commercial banks

    (d)

    generated within the business

  14. MSME supplies to large scale industries.

    (a)

    Accessories

    (b)

    Spare Parts

    (c)

    Components

    (d)

    All the above

  15. A ________ is a mercantile agent to whom goods are entrusted for sale by a principal and take possession of the goods, but does not obtain ownership.

    (a)

    Broker

    (b)

    Factor

    (c)

    warehouse keeper

    (d)

    Commission agent

  16. 'Bata' is flourishing in ............country.

    (a)

    France

    (b)

    U.S.A

    (c)

    England

    (d)

    India

  17. Economies of scale are enjoyed when goods are produced at___________.

    (a)

    small-scale

    (b)

    large-scale

    (c)

    lower-scale

    (d)

    consumption level

  18. All agreements between the parties are enforceable in a Court of law ....................

    (a)

    false

    (b)

    true

    (c)

    both (a) and (b)

    (d)

    none of these

  19. Which of these parties cannot demand performance of promise?

    (a)

    Promisee

    (b)

    Any of the joint promisees

    (c)

    On the death of a promise, his legal representative

    (d)

    Stranger to the contract

  20. Tax charged on Long Term Capital Gain is ____________

    (a)

    20%

    (b)

    15%

    (c)

    25%

  21. 7 x 2 = 14
  22. Classify the following as Business, Profession and Employment.

  23. Who is called a Sole Trader?

  24. Name the type of business enterprise which operates in more than one country.

  25. What was the Historical Development of 'Banks in India'?

  26. Define Transport.

  27. Give the meaning of Social power

  28. Define Foreign Direct Investment (FDI).

  29. How do you classify Trade?

  30. What is meant by Import Trade?

  31. Mention the components of Banking Capital.

  32. 7 x 3 = 21
  33. What are the types of partners?

  34. What do you mean by Core Banking Solutions?

  35. What is Annuity Policy?

  36. Why is Ethics necessary in Business?

  37. What is the role and significance of MSMEs in Indian Economy?

  38. Explain any three characteristics of wholesalers?

  39. Enumerate the objectives of export trade.

  40. Show the classification of contract by a flow chart.

  41. Explain (a) claim of quantum merit (b) claim of injunction.

  42. What do you mean by Total Income?

  43. 7 x 5 = 35
  44. Explain the development of Commerce and Trade in North India.

  45. What are the characteristics of commerce?

  46. Explain the types of Dissolution of Partnership firm.

  47. Write a note on consumer Co-operative Society ?

  48. What are the Quantitative Method of Credit Control? Explain.

  49. Explain the types of Ocean Transport:

  50. What are the disadvantages of franchising?

  51. Explain Corporate Social Responsibility in India with an example:

  52. List out the various Sources of Financing.

  53. What are the aims and needs of Foreign Trade?

  54. What are theadvantages of departmental stores?

  55. Explain how for India has benefited from IMF.

  56. Difference between Contract and Agreement.

  57. Discuss the different types of damages awarded to the injured party.

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