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Published on: 16/11/2020
11th Standard Commerce English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Five
Download Tamil Nadu 11th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
Service Tax is exempted to the traders having annual turn over less than_________.
Rs 10 lakhs
Rs 20 Lakhs
Rs 15 Lakhs
Rs 50 Lakhs
2.
A lends Rs.500 to B. He later tells B that he need not repay the amount, the contract is discharged by______________.
breach
waiver
novation
performance
3.
Atender of an instalment when the contract stipulates payment in full is a valid tender. The statement is______________.
True
False
None of these
4.
Each party is a promisors and a promisee in case of_____________.
past consideration
present consideration
every contract
reciprocal promisors
5.
IFC is one subsidary institution of ...............
IMF
WTO
World Bank
SAARC
6.
______________regulates the use of foreign exchange in India.
The Reserve Bank of India
The State Bank of India
Commercial Bank
World Bank
7.
Barter system will be effective only when the needs of both parties are ..... with each other.
satisfied
not satisfied
coincided
none of these
8.
The retailers who have independent shops of temporary nature is known as __________
Mobile Trader
Peddlers
Cheap Jacks
Market Traders
9.
The first step in the internationalization process is _________.
License
Foreign Investment
Sales
Export
10.
Tax charged on Long Term Capital Gain is _______.
20%
15%
25%
30%
1.
(b)
Rs 20 Lakhs
2.
(b)
waiver
3.
(b)
False
4.
(d)
reciprocal promisors
5.
(c)
World Bank
6.
(a)
The Reserve Bank of India
7.
(a)
satisfied
8.
(c)
Cheap Jacks
9.
(a)
License
10.
(a)
20%
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Tamilnadu Stateboard 11th Standard Subjects
Maths
Commerce
Economics
Biology
Business Maths and Statistics
Accountancy
Computer Science
Physics
Chemistry
Maths
Biology
Economics
Physics
Chemistry
History
Business Maths and Statistics
Computer Science
Accountancy
Computer Applications
History
Computer Technology
Commerce
Computer Applications
Computer Technology
Tamil
English
French
Tamilnadu Stateboard Standards
