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Published on: 26/08/2020
12th Standard Commerce English Medium Important 1 Mark Creative Questions (New Syllabus) 2020
Download Tamil Nadu 12th 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.
Any resolution passed by a simple majority is an ____________
Ordinary resolution
Special resolution
Resolution requiring special notice
none of these
2.
______________ meeting is conducted only once in the lifetime of the company.
Annual general
Statutory
Board
Committee
3.
Who can call Extraordinary General meeting?
Company Law Tribunal
Board of Directors on its own or on the requisition of members
By the requisitionists themselves on Board's failure to convene
all of these
4.
Some information should be kept very confidential in all the
Companies
Private institutions
Industries
Owners
5.
The ________________ constitute the top administrative organ of the company.
general manager
Shareholders
body of directors
advisory panel
6.
Public companies which have Turnover
25 Crores
50 Crores
75 Crores
100 Crores or more
7.
______________ instruments are secured by on the fixed assets of the issuer company.
Secured debentures
Unsecured debenture
Redeemable debentures
Perpetual debentures
8.
A debenture, in which no specific time is specified by the companies to pay back the money is called an
Registered debentures
Bearer debentures
Irredeemable debentures
None of these
9.
Entrepreneur has to apply for
Statutory license
Project report
Provisional Registration Certificate
Permanent Registration Certificate
10.
__________ entrepreneurs mobilise the resources of various types and create an entity to manufacture the products or service.
Industrial
Drone
Fabian
Business
11.
_____ is the process of searching for prospective employees and stimulating them to apply for jobs in the organization.
Advertising
Selection
Recruitment
Staffing
12.
Which of the following entrepreneurs are those motivated to take up venture by the desire for self-fulfilment?
Motivated
Spontaneous
Classical
Modern
13.
Comparison between numbers of applications at each preceding stage of recruitment process is classified as
initialization ratio
resultant ratio
yield ratio
application ratio
14.
_________ is accredited by Government of India.
STEP
CWEI
DIC
TREAD
15.
______ functions are the HR functions that are required to administrate the manpower in the organisation.
Managerial
Analytical
Operational
Research
16.
______ helps the workforce to identify their level of performance.
Human resource
Human resource management
Personal management
None of these
17.
The focus the Human resource management revolves around
Machine
Money
Men
None of these
18.
CWEI was registered as a civil society in the year
1990
1992
1996
1998
19.
_____ account can be opened with no balance of shares.
Fixed
Current
Demat
Recurring deposit
20.
SEBI is an apex body that maintains and regulates our
capital market
mutual funds
share capital
none of these
21.
_________ means an incomplete instrument in some respect
Ambiguous instrument
Time instrument
Inchoate instrument
Documentary bill
22.
When an instrument has been lost it is presumed that it was
expired
duly stamped
stolen
misplaced
23.
A best efforts offering is sometimes used in connection with a _______ of new, long-term securities.
Public issue
Private placement
Privileged subscription
all of the above
24.
Tejiwala is an
Pessimistic speculator
Optimistic speculator
Premium hunter
Taravaniwalas
25.
Which markets make possible to generate foreign capital?
Primary market
Secondary market
Money market
Capital market
26.
| List I | List II | ||
| i) | Two parties | 1) | Movable property |
| ii) | Transfer of property | 2) | Monetary consideration |
| iii) | Goods | 3) | Does not amount to sale |
| iv) | Price | 4) | Seller and buyer |
| (i) | (ii) | (iii) | (iv) |
| 3 | 4 | 2 | 1 |
| (i) | (ii) | (iii) | (iv) |
| 2 | 3 | 4 | 1 |
| (i) | (ii) | (iii) | (iv) |
| 1 | 2 | 3 | 4 |
| (i) | (ii) | (iii) | (iv) |
| 4 | 3 | 1 | 2 |
27.
According to sale of Goods Act, 1930, 'seller' means a person:
who only agrees to sell tlie goods
who sells or agrees to sell
who only sells the goods
who transfers the possession of the goods to the other party
28.
A _____ is one wherein no specific time of payment is mentioned.
Demand bill
Documentary bill
Foreign bill
Indigeneous bill
29.
Financial intermediation is the process that the financial intermediaries connect _________ and ________ by transferring funds from one side to another
Banks and account holders
Borrowers and securities firms
Borrowers and lenders
Investors and lenders
30.
Bills that are accompanied by documents of title to goods are called
Foreign bills
Indigeneous bills
Documentary bills
Demand bill
31.
In primary markets, property of shares which made it easy to sell newly issued security is considered as
increased liquidity
decreased liquidity
money flow
large funds
32.
__________ focuses managerial attention on major problems.
MBA
HRA
MBE
MBO
33.
Globalisation widens the gap between _______ and ________
employers,employees
employment, unemployment
rich, poor
Capitalism, socialism
34.
__________ industry has been liberalised.
Drugs and pharmaceuticals
Hazardous chemicals
Tobacco products
Defence equipment
35.
Systematic evaluation of performance is made with the help of
MBO
KRA
MBE
MBA
36.
By which act government checks restrictive trade?
Industrial Policy Act 1991
MRTP Act
FEMA Act
None of these
37.
Which of the following reduces the dependence on external commercial borrowings by attracting more foreign investments.
Privatization
Liberalization
Globalization
None of the above
38.
___________ helps the regulation of job and co-ordinates the activities.
Innovation
Communication
Representation
Motivation
39.
_________ consists of economic conditions, economic policies, industrial policies and economic system
Business environment
Economic environment
Natural environment
None of these
40.
Co-ordination means
Organising activities
Directing activities
Synchronizing activities
All of these
41.
________ is the general or overall environment in which the business operates.
Macro environment
Micro environment
Economic environment
None of these
42.
_________ refers to those factors within an organisation.
Internal environment
External environment
Both 'a' and 'b'
None of these
43.
| List I | List II | ||
| i) | Suppliers | 1) | King |
| ii) | Customers | 2) | National and global |
| iii) | Competitors | 3) | Wholesalers and retailers |
| iv) | Channel members | 4) | Stock / inventory |
| (i) | (ii) | (iii) | (iv) |
| 1 | 2 | 3 | 4 |
| (i) | (ii) | (iii) | (iv) |
| 4 | 1 | 2 | 3 |
| (i) | (ii) | (iii) | (iv) |
| 2 | 3 | 4 | 1 |
| (i) | (ii) | (iii) | (iv) |
| 3 | 4 | 1 | 2 |
44.
The economic environment of a business includes
Economic system
Economic policies
Economic conditions
All of these
45.
The aim of any business is to satisfy the needs of its
Consumers
suppliers
financiers
public
46.
The warehousing holds goods as a________center.
distribution
production
sales
all the above.
47.
Development of a new product brings________utility
form
place
time
possession
48.
The concept of marketing mix was developed by
N.H. Borden
Philip Kotler
Stanton
W. Anderson
49.
The District council shall held _________ meetings every year.
one
three
two
four
50.
Members of state consumer protection council should not exceed
two
five
ten
three
51.
For the District consumer Forum, is a value of upto
Rs. 20 lakhs
Rs. 15 lakhs
Rs. 25 lakhs
Rs. 10 lakhs
52.
_______is a medium for place to interact and exchange goods and services
Commerce
Industry
Business
Market
53.
Sub-division of marketing is called as
market segmentation
decision of market
allowcation of market
none of these
54.
__________ provides a fair settlement of genuine grievances relating to the performance, grade, quality etc of goods and services.
Right to safety
Right to consumer education
Right to consumer protection act
Right to choose
55.
________ should make purchase judiciously and should not misuse his rights.
Employers
Consumer
Retailers
Wholesalers
56.
Which of the following is not true?
Management is universal
Management is an art
Management is a social process
Management is always bureaucratic
57.
The founder of scientific management was
Peter F. Drucker
Frederick Taylor
Henry Fayol
Elton
58.
The consumer must get cash receipt as a proof of goods purchased from the
buyer
seller
both
none of these
59.
________method creates a situation that is as far as possible a replica of the real situation for imparting training.
The programmed learning
The simulation
The case study
The lecture
60.
_______is mostly used for managerial employees.
Committee Assignment method
Coaching method
Mentoring method
Apprenticeship method
61.
Laboratory training is also known by the name
Sensitivity training
Job instruction training
Apprenticeship training
None of the above
62.
The national consumer disputes redressal commission is a__________.
legislative machinery
bureaucratic machinery
quasi-judicial machinery
judicial machinery
63.
Which type of method to use their theoretical knowledge and practical knowledge?
Case study method
Lecture method
Role play method
Group discussion method
64.
________ people have less money at their disposal.
American
China
Indian
None of these
65.
__________ is quite common in food articles.
Adulteration
Warranty
Duplicate
Scarcity
66.
______is suited to small companies
Multilevel marketing
Guerrilla marketing
Social marketing
Service marketing
67.
Which of the following is Consumer Oriented Act?
Indian Companies Act 1966
Partnership Act 1932
Indian Income Tax Act 1961
Hire Purchase Act 1972
68.
Caveat emptor means
Let the buyer beware
Let the seller beware
Both
None of these
69.
Which of the following describes e-commerce?
Doing business electronically
Doing business
Sale of goods
All of the above
70.
________is done to know reliability and trust worthiness of the candidate.
Reference check
Approval by higher authority
Final selection
Contract by employment
71.
_________is also called proficiency test.
Judgement test
Intelligence test
Aptitude test
Achievement test
72.
The process of eliminating unsuitable candidates is called
Interview
training
recruitment
selection
73.
Which test measures the candidate's ability to find a logic in a series or pattern?
Number sequence test
Vocabulary test
Mental arithmetic test
Verbal reasoning test
1.
(a)
Ordinary resolution
2.
(b)
Statutory
3.
(d)
all of these
4.
(a)
Companies
5.
(c)
body of directors
6.
(d)
100 Crores or more
7.
(a)
Secured debentures
8.
(a)
Registered debentures
9.
(c)
Provisional Registration Certificate
10.
(a)
Industrial
11.
(c)
Recruitment
12.
(a)
Motivated
13.
(c)
yield ratio
14.
(b)
CWEI
15.
(c)
Operational
16.
(b)
Human resource management
17.
(c)
Men
18.
(c)
1996
19.
(c)
Demat
20.
(a)
capital market
21.
(c)
Inchoate instrument
22.
(b)
duly stamped
23.
(a)
Public issue
24.
(b)
Optimistic speculator
25.
(d)
Capital market
26.
(d)
| (i) | (ii) | (iii) | (iv) |
| 4 | 3 | 1 | 2 |
27.
(b)
who sells or agrees to sell
28.
(a)
Demand bill
29.
(c)
Borrowers and lenders
30.
(c)
Documentary bills
31.
(a)
increased liquidity
32.
(c)
MBE
33.
(c)
rich, poor
34.
(a)
Drugs and pharmaceuticals
35.
(a)
MBO
36.
(b)
MRTP Act
37.
(b)
Liberalization
38.
(b)
Communication
39.
(a)
Business environment
40.
(c)
Synchronizing activities
41.
(a)
Macro environment
42.
(a)
Internal environment
43.
(b)
| (i) | (ii) | (iii) | (iv) |
| 4 | 1 | 2 | 3 |
44.
(d)
All of these
45.
(a)
Consumers
46.
(a)
distribution
47.
(a)
form
48.
(a)
N.H. Borden
49.
(c)
two
50.
(c)
ten
51.
(a)
Rs. 20 lakhs
52.
(d)
Market
53.
(a)
market segmentation
54.
(c)
Right to consumer protection act
55.
(b)
Consumer
56.
(d)
Management is always bureaucratic
57.
(b)
Frederick Taylor
58.
(b)
seller
59.
(b)
The simulation
60.
(c)
Mentoring method
61.
(a)
Sensitivity training
62.
(c)
quasi-judicial machinery
63.
(a)
Case study method
64.
(c)
Indian
65.
(a)
Adulteration
66.
(b)
Guerrilla marketing
67.
(d)
Hire Purchase Act 1972
68.
(a)
Let the buyer beware
69.
(d)
All of the above
70.
(a)
Reference check
71.
(d)
Achievement test
72.
(d)
selection
73.
(a)
Number sequence test
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Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

French
Tamilnadu Stateboard Standards