By QB365 on 31 Dec, 2022
QB365 provides a detailed and simple solution for every Possible Questions in Class 12 Commerce Subject - Important 1 Mark MCQ's, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
12th Standard
Commerce
Answer all the following Questions.
Dividing the work into small tasks is known as ______.
Discipline
Unity
Division of work
Equity
Which of the following is not a main function of management?
Decision-making
Planning
Organising
Staffing
Delegation of Authority is Easily Done with the Help of _______.
MBM
MBE
MBO
MBA
Capital market is a market for _______.
Short Term Finance
Medium Term Finance
Long Term Finance
Both Short Term and Medium Term Finance
Spot Market is a market where the delivery of the financial instrument and payment of cash occurs _______.
Immediately
In the future
Uncertain
After one month
Participants in the capital market includes ______.
Individuals
Corporate
Financial Institutions
All of the above
The _______ was set up by a premier financial institution to allow the trading of securities across the electronic counters throughout the country.
OTCEI
Factoring
Mutual Funds
Venture Funds Institutions
The money invested in the call money market provides high liquidity with _______
Low Profitability
High Profitability
Limited Profitability
Medium Profitability
Debt Instruments are issued by Corporate Houses are raising short-term financial resources from the money market are called _____.
Treasury Bills
Commercial Paper
Certificate of Deposit
Government Securities
There are _____ stock exchange in the country.
21
24
20
21
Jobbers transact in a stock exchange ____.
For their Clients
For their Own Transactions
For other Brokers
For other Members
Registering and controlling the functioning of collective investment schemes as _____
Mutual Funds
Listing
Rematerialisation
Dematerialization
Trading is dematerialized shares commenced on the NSE is ______
January 1996
June 1998
December 1996
December 1998
Human resource is a ______ asset.
Tangible
Intangible
Fixed
Current
Human Resource management is both _____ and ______.
Science and art
Theory and practice
History and Geography
None of the above
Advertisement is a ______ source of recruitment
internal
external
agent
outsourcing
E-recruitment is possible only through ___ facility.
Computer
Internet
Broadband
4G
Selection is usually considered as a _________ process
Positive
Negative
Natural
None of these
Which of the following test is used to measure the various characteristics of the candidate?
Physical Test
Psychological Test
Attitude Test
Proficiency tests
______is useful to prevent skill obsolescence of employees
Training
Job analysis
Selection
Recruitment
The marketer initially wants to know in the marketing is_______
Qualification of the customer
Quality of the product
Background of the customers
Needs of the customers
Who is supreme in the Market?
Customer
Seller
Wholesaler
Retailer
Marketing mix means a marketing program that is offered by a firm to its target ________ to earn profits through satisfaction of their wants
Wholesaler
Retailer
Consumer
Seller
Which is gateway to internet?
Portal
CPU
Modem
Webnaire
Pure play retailers are called
Market creators
Transaction brokers
Merchants
Agents
The term 'consumerism' came into existence in the year ________.
1960
1957
1954
1958
Who is the father of Consumer Movement?
Mahatma Gandhi
Mr. Jhon F.Kennedy
Ralph Nader
Jawaharlal Nehru
Which of the following is not a consumer right summed up by John F. Kennedy?
Right to safety
Right to choose
Right to consume
Right to be informed
The Chairman of the National Consumer Disputes Redressal Council is ________.
Serving or Retired judge of the Supreme Court of India
Prime Minister
President of India
None of the above
The State Commission can entertain complaints where the value of the goods or services and the compensation, if any claimed exceed _______.
Rs. 2 lakhs but does not exceed Rs.5 lakhs
Rs.20 lakhs but does not exceed Rs.1 crore
Rs. 3 lakhs but does not exceed Rs. 5 lakhs
Rs. 4 lakhs but does not exceed Rs. 20 lakhs
GST stands for ________.
Goods and Social Tax
Goods and Service Tax
Goods and Sales Tax
Goods and Salary Tax
Macro Environment of business is an _________ factor.
Uncontrollable
Controllable
Manageable
Immanageable
________ means permitting the private sector to setup industries which were previously reserved for public sector.
Liberalisation
Privatisation
Globalisation
Public Enterprise
_______ results from the removal of barriers between national economies to encourage the flow of goods, services, capital and labour.
Privatisation
Liberalisation
Globalisation
Foreign Trade
In case of the sale, the ______ has the right to sell.
Buyer
Seller
Hirer
Consignee
The property in the goods means the _______.
Possession of goods
Custody of goods
Ownership of goods
Both (a) and (b)
Negotiable Instrument Act was passed in the year _________
1981
1881
1994
1818
Number of parties in a bill of exchange are_______.
2
6
3
4
What are the characteristics of an entrepreneur?
Spirit of enterprice
Flexibility
Self Confidence
All of the above
Which of the below is not classified into managerial functions?
Planning
Marketing
Organizing
Controlling
Corporate Entrepreneur is also called as _________
Intrapreneur
Promoter
Manager
Shareholder
Which of these is based on Technology?
Modern
Professional
Corporate
Industrial
The ___________ initiative was launched to modernize the Indian economy to make all governments services available electronically.
Standup India
Startup India
Digital India
Make in India
_____ has to include the mechanism for managing venture in the project report.
Banker
Government
Lending Institutions
Entrepreneur
How does a person who envisages the idea to form a company called?
Director
Company Secretary
Registar
Promoter
Which of the following types of shares are issued by a company to raise capital from the existing shareholders?
Equity Shares
Right Shares
Preference Shares
Bonus Shares
A person Shall hold office as a director in ___________companies as per the Companies Act, 2013.
5 companies
10 companies
20 companies
15 companies
A Private Company shall have a minimum of_______.
Seven directors
Five directors
Three directors
Two directors
Who is not entitled to speak at the annual general meeting of the company.
Auditor
Shareholder
Proxy
Director
From the date of its incorporation, the First Annual General Meeting is to be conducted within____________ months.
Twelve
Fifteen
Eighteen
Twenty one
Answers
Division of work
Decision-making
MBO
Long Term Finance
Immediately
All of the above
OTCEI
Low Profitability
Commercial Paper
24
For their Own Transactions
Mutual Funds
December 1996
Intangible
Science and art
external
Internet
Negative
Psychological Test
Training
Needs of the customers
Customer
Consumer
Modem
Transaction brokers
1960
Ralph Nader
Right to consume
Serving or Retired judge of the Supreme Court of India
Rs.20 lakhs but does not exceed Rs.1 crore
Goods and Service Tax
Uncontrollable
Privatisation
Globalisation
Seller
Ownership of goods
1881
3
All of the above
Marketing
Promoter
Professional
Digital India
Entrepreneur
Promoter
Right Shares
20 companies
Two directors
Proxy
Eighteen