12th Standard Commerce English Medium Sample 1 Mark Creative Questions (New Syllabus) 2020

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Questions:

Multiple Choice Question

65 x 1 = 65

_________ should be conducted by both private and public ltd companies.

(a)

Statutory meeting

(b)

Board meeting

(c)

Committee meeting

(d)

Annual general meeting

The word secretary has originated in

(a)

French

(b)

Latin

(c)

Tamil

(d)

None of these

According to provisions of the act the borrowings of the company does not exceed

(a)

total paid up share capital

(b)

total free reserves

(c)

authorised captial

(d)

total paid up capital and free reserves

______________ instruments are secured by on the fixed assets of the issuer company.

(a)

Secured debentures

(b)

Unsecured debenture

(c)

Redeemable debentures

(d)

Perpetual debentures

Entrepreneur has to obtain ________ from the authority concerned.

(a)

Municipal License

(b)

Project report

(c)

Provisional registration certificate

(d)

None of these

________ install a team of experts to manage the entity on a day to day basis.

(a)

Agricultural entrepreneur

(b)

Corporate entrepreneur

(c)

Innovative entrepreneur

(d)

Imitative entrepreneur

_____ types of firms facilitate recruitment on behalf of client companies at cost.

(a)

Professional associations

(b)

Employment consultancies

(c)

Deputation

(d)

Job portals

Which of the following entrepreneur starts his own venture as a family business?

(a)

Agricultural entrepreneur

(b)

Fabian entrepreneur

(c)

Drone entrepreneur

(d)

Classical entrepreneur

The recruitment and selection process aimed at right kind of people

(a)

At right place

(b)

At right time

(c)

To do right things

(d)

all of the above

10.

___________ does not share in profits of venture.

(a)

Entrepreneur

(b)

Intrapreneur

(c)

Promoter

(d)

Manager

11.

Managerial functions of HRM is must for _____ of the oranisation.

(a)

administration

(b)

smooth running

(c)

financial stability

(d)

none of the above

12.

_____ focuses on people in an organisation.

(a)

Human resource management

(b)

Human resource

(c)

Organisational behaviour

(d)

None of these

13.

The focus the Human resource management revolves around

(a)

Machine

(b)

Money

(c)

Men

(d)

None of these

14.

CWEI was registered as a civil society in the year

(a)

1990

(b)

1992

(c)

1996

(d)

1998

15.

______ is done at the request of the investor.

(a)

Materialization

(b)

Dematerialization

(c)

Depository Participant

(d)

Demat account

16.

What is the meaning of "financing" in the financial market?

(a)

Advising an organization to raise charity funds

(b)

Investing in the securities market

(c)

Sourcing funds

(d)

Converting the assets into cash

17.

SEBI issues Guidelines and Instructions to business concerning

(a)

credit issues

(b)

capital issues

(c)

capital issues

(d)

share capital

18.

___________ endorsement does not operate as a negotiation of the instrument.

(a)

Restrictive

(b)

Sans recourse

(c)

Facultative

(d)

Partial

19.

Negotiable instrument means a promissory note, bill of exchange or cheque, payable to

(a)

bearer

(b)

order

(c)

either to bearer or order

(d)

neither bearer nor order

20.

Options are a type of _____ product.

(a)

consumer

(b)

derivative

(c)

both

(d)

none

21.

_____ is an integral part of stock exchange operations.

(a)

Capital formation

(b)

Evaluation of securities

(c)

Speculation

(d)

Business information

22.

_______ are typically grown agricultural primary products such as wheat and sugar.

(a)

Hard commodities

(b)

Soft commodities

(c)

Capital markets

(d)

Financial markets

23.

Who act as intermediaries between buyers and sellers of securities?

(a)

Authorized clerks

(b)

Brokers

(c)

Jobbers

(d)

Speculation

24.

The ____________ can claim only rateble dividend.

(a)

buyer

(b)

seller

(c)

competitions

(d)

financier

25.

The NSDL was set up in the year

(a)

1990

(b)

1992

(c)

1996

(d)

1998

26.

Existing goods can be classified as

(a)

Ascertained

(b)

Generic

(c)

Both a and b

(d)

Nor a neither b

27.

The monetary consideration for the goods sold is called

(a)

Price

(b)

Goods

(c)

Both 'a' and 'b'

(d)

None of these

28.

_____ are those which do not arise out of genuine trade of transactions.

(a)

Inland

(b)

Foreign

(c)

Accommodation bills

(d)

Clean

29.

Which of the following world stock exchanges were in the top five by value of transaction in 2009?

(a)

London Stock Exchange

(b)

Shanghai Stock Exchange

(c)

Amsterdam Stock Exchange

(d)

Hong Kong Exchange

30.

Certificate of Deposits are issued in the form of usance

(a)

Bill of exchange

(b)

Promissory notes

(c)

Commercial bills

(d)

None of these

31.

Type of market in which securities with less than one year maturity are traded, is classified as

(a)

money market

(b)

capital market

(c)

transaction market

(d)

global market

32.

____________ indicates the strength of an organisation.

(a)

MBO

(b)

KRA

(c)

MBA

(d)

MBE

33.

_________ is the latest outcome of liberalization.

(a)

Exchange

(b)

Increase in employment

(c)

Foreign collaboration

(d)

None of these

34.

Management by objective is

(a)

goal oriented

(b)

work oriented

(c)

Both

(d)

none of these

35.

One major factors that has stimulated the globlisation process is

(a)

effective utilisation of resources

(b)

increase in income and wealth

(c)

Willingness to cooperate

(d)

rapid improvement in technology

36.

The removal of tariff barriers can lead to lower prices for

(a)

suppliers

(b)

consumers

(c)

competitors

(d)

none of these

37.

____________ is included in every managerial functions.

(a)

Co-ordination

(b)

Motivation

(c)

Staffing

(d)

Planning

38.

________ and ______ environment of society affects the business

(a)

Social, cultural

(b)

Economic, non-economic

(c)

Political, Iegal

(d)

Geo, physical

39.

Supervisory management spends most of his/her time

(a)

Planning and Controlling

(b)

Directing and Controlling

(c)

Planning and Organizing

(d)

Organizing and Controlling

40.

_________ refers to those factors within an organisation.

(a)

Internal environment

(b)

External environment

(c)

Both 'a' and 'b'

(d)

None of these

41.

Organisations have realised the importance of nurturing and maintaining good relationship with the

(a)

competitors

(b)

financier

(c)

customers

(d)

suppliers

42.

______create time utility by storing the goods throughout the year.

(a)

Insurance

(b)

Warehousing

(c)

Transportation

(d)

Commerce

43.

Warehousing removes the hindrances of

(a)

Time

(b)

Place

(c)

Finance

(d)

Form

44.

Authority refers to _________

(a)

getting work done

(b)

scalar chain

(c)

right to get work done

(d)

being in a managerial position

45.

The number of official and non-official members in District consumer Protection council is prescribed by

(a)

Central government

(b)

State government

(c)

Governor-of the state

(d)

State High court

46.

The central consumer protection council shall consist of the following members

(a)

To minister in charge of consumer affairs in the central government, who shall be its chairman

(b)

Such member of other official or non official members representing such interest as may be prescribed

(c)

The chief justice of high court

(d)

Both A and B

47.

_______is a medium for place to interact and exchange goods and services

(a)

Commerce

(b)

Industry

(c)

Business

(d)

Market

48.

Which market is regulated and controlled by certain rules?

(a)

Commodity market

(b)

Produce exchange market

(c)

National market

(d)

World Market

49.

_______ of every year is celebrated as consumer's day.

(a)

15^th October

(b)

15^th March

(c)

15^th April

(d)

15^th August

50.

The best examples of _________ kind are food additives, colours, and preservatives

(a)

Right of safety

(b)

Right to be informed

(c)

Right to choose

(d)

Right to seek redressal

51.

Find the odd one out.

(a)

board of directors

(b)

chief executive

(c)

foremen

(d)

shareholders

52.

The former president of the USA, Mr.John F. Kennedy summed up the basic consumer rights are

(a)

Right to Safety

(b)

Right to be informed

(c)

Right to Choose

(d)

All of the above

53.

The most important law is the

(a)

Consumer Protection Act, 1986

(b)

Sale of Goods Act, 1930

(c)

Weights and Measures Act, 1958

(d)

Trademark Act, 1999

54.

_________helps to learn more knowledge regarding the latest technologies and techniques.

(a)

Planning

(b)

Controlling

(c)

Training

(d)

Motivating

55.

The Sale of the Good Act was passed in the year ______.

(a)

1930

(b)

1956

(c)

1985

(d)

1991

56.

Which type of method to use their theoretical knowledge and practical knowledge?

(a)

Case study method

(b)

Lecture method

(c)

Role play method

(d)

Group discussion method

57.

_________ of popular products are illegally produced and sold.

(a)

Original products

(b)

Duplicate products

(c)

Consumer products

(d)

None of these

58.

_______is a specialised branch of marketing.

(a)

E-marketing

(b)

E-Tailing

(c)

Social marketing

(d)

Service marketing

59.

Which of the following is Consumer Oriented Act?

(a)

Indian Companies Act 1966

(b)

Partnership Act 1932

(c)

Indian Income Tax Act 1961

(d)

Hire Purchase Act 1972

60.

Which has been very responsive to the consumer needs through legislative actions?

(a)

Private

(b)

Government

(c)

Financial institutions

(d)

None of these

61.

All the business transaction carried out through internet and other online tools is called

(a)

E-Tailing

(b)

E-Marketing

(c)

E-Business

(d)

E-Commerce

62.

_________ensures more reliability in the selection of the candidate.

(a)

Online interview

(b)

Panel interview

(c)

Preliminary interview

(d)

Stress interview

63.

___________helps in predicting the ability and future performance of the candidate

(a)

Aptitude test

(b)

Achievement test

(c)

Intelligence test

(d)

Judgement test

64.

Kind of interviews which creates anxiety among interviewees by putting pressure to see how applicant respond is classified as

(a)

Panel interview

(b)

stress interview

(c)

directive interview

(d)

online interview

65.

Which test measures the candidate's ability to find a logic in a series or pattern?

(a)

Number sequence test

(b)

Vocabulary test

(c)

Mental arithmetic test

(d)

Verbal reasoning test

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Answers Key:

Multiple Choice Question

65 x 1 = 65

(d)
Annual general meeting

(b)
Latin

(d)
total paid up capital and free reserves

(a)
Secured debentures

(a)
Municipal License

(b)
Corporate entrepreneur

(b)
Employment consultancies

(d)
Classical entrepreneur

(d)
all of the above

10.

(b)
Intrapreneur

11.

(b)
smooth running

12.

(a)
Human resource management

13.

14.

15.

(b)
Dematerialization

16.

(b)
Investing in the securities market

17.

18.

(d)
Partial

19.

20.

(b)
derivative

21.

22.

(b)
Soft commodities

23.

(b)
Brokers

24.

(b)
seller

25.

26.

27.

(a)
Price

28.

29.

(b)
Shanghai Stock Exchange

30.

(b)
Promissory notes

31.

(a)
money market

32.

(b)
KRA

33.

34.

(a)
goal oriented

35.

(d)
rapid improvement in technology

36.

(b)
consumers

37.

(a)
Co-ordination

38.

(a)
Social, cultural

39.

(b)
Directing and Controlling

40.

(a)
Internal environment

41.

(d)
suppliers

42.

(b)
Warehousing

43.

(a)
Time

44.

45.

(b)
State government

46.

(a)
To minister in charge of consumer affairs in the central government, who shall be its chairman

47.

(d)
Market

48.

(b)
Produce exchange market

49.

(b)
15^th March

50.

(a)
Right of safety

51.

52.

(d)
All of the above

53.

(a)
Consumer Protection Act, 1986

54.

55.

(a)
1930

56.

(a)
Case study method

57.

(b)
Duplicate products

58.

(d)
Service marketing

59.

(d)
Hire Purchase Act 1972

60.

(b)
Government

61.

(a)
E-Tailing

62.

(b)
Panel interview

63.

(a)
Aptitude test

64.

(b)
stress interview

65.

(a)
Number sequence test

12th Standard Commerce English Medium Sample 1 Mark Creative Questions (New Syllabus) 2020

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