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Published on: 01/03/2021
12th Standard English Medium Commerce Reduced Syllabus One mark Important Questions with Answer key - 2021(Public Exam)
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.
The two major types of business environment are ________ and ________.
Positive and Negative
Internal and External
Good and Bad
Allowable and Unallowable
2.
Factors within an organisation constitutes _________ environment.
Internal Thinker
External Thinker
Fellow human beings
All of the above
3.
What percentage of shareholders is needed to pass special resolution?
It must be unanimous
Not less than 90%
Not less than 75%
More than 50%
4.
Which meeting will be held only once in the life time of the company?
Statutory
Annual General
Extra - ordinary
Class General
5.
What is the statue of Directors who regulate money of the company?
Banker
Holder
Agent
Trustees
6.
A Private Company shall have a minimum of_______.
Seven directors
Five directors
Three directors
Two directors
7.
The shares which are offered first to the existing shareholder at reduced price is known as ______
Bonus Share
Equity Share
Right Share
Preference Share
8.
Specify the document which comes under the Negotiable Instrument Act.
Share Certificate
Share
Share Warrant
Stock
9.
For which type of capital a company pays the prescribed fees at the time of registration?
Subscribed Capital
Authorised Capital
Paid-up Capital
Issued Capital
10.
_____ should cover aspects like sources of finance, technical know-how, source of labour and raw material, market potential and profitability.
Technical Report
Finance Report
Project Report
Progress Report
11.
_____________is designed to transform India to a global design and manufacturing hub.
Digital India
Make in India
Startup India
Design India
12.
____________Entrepreneur Supply Services Unlike.
Hoteliers
Banking
Airlines
Livestock
13.
Find the odd one out in context of Trading Entrepreneur.
Selling
Commision
Buying
Manufacturing
14.
Which of the following is the Activity of a Business Entrepreneur?
Production
Marketing
Operation
All of the above
15.
What are the characteristics of an entrepreneur?
Spirit of enterprice
Flexibility
Self Confidence
All of the above
16.
Which endorsement relieves the endorser from incurring liability in the event of dishonour
Restrictive
Faculative
Sans recourse
Conditional
17.
The transferee of a Negotiable Instrument is the one _______________
Who transfer the instrument
On whose name it is transferred
Who enchases it
None of the above
18.
____ is a stipulation which is collateral to main purpose of contract.
Warranty
Condition
Right
Agreement
19.
Which of the below constitutes the essential element of contract of sale?
Two parties
Transfer of property
Price
All of the above
20.
_________ ownership makes bold management decisions due to their strong foundation in the international level.
Private
Public
Corporate
MNC's
21.
Complaints can also be filed by the
Central Government
State Government
A group of consumers
All of the above
22.
The District Forum can entertain complaints where the value of goods or services and the compensation if any claimed is less than
Below Rs. 10,00,000
Below Rs. 20,00,000
Below Rs. 40,00,000
Below Rs. 50,00,000
23.
The Chairman of the State Consumer Protection Council is_________.
Judge of a High Court
Chief Minister
Finance Minister
None of the above
24.
As the consumer is having the rights, they are also having______.
Measures
Promotion
Responsibilities
Duties
25.
Any person who buys any goods or avails services for personal use, for a consideration is called as
Customer
Consumer
Buyer
User
26.
Sale of Goods Act was passed in the year ?
1962
1972
1930
1985
27.
A company's products and prices is visually represented by
Shopping cart
Web portal
Electronic catalogue
Revenue model
28.
Which one represents a cluster of manufactures, content providers and online retailers organised around an activity?
Virtual mall
Association
Metomediary
Portal
29.
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
30.
Which one of the market deals in the purchase and sale of shares and debentures?
Stock Exchange Market
Manufactured Goods Market
Local Market
Family Market
31.
Case study method is _______type of training.
Only theoritical training
Both theory and practical training
Hands on training
Abservation Training
32.
______is useful to prevent skill obsolescence of employees
Training
Job analysis
Selection
Recruitment
33.
34.
Scrutiny of application process is the
Last step in Selection Process
First step in selection process
Third step in Selection Process
None of the above
35.
Which of the following test is used to measure the various characteristics of the candidate?
Physical Test
Psychological Test
Attitude Test
Proficiency tests
36.
The poor quality of selection will mean extra cost on_______ and supervision
Training
Recruitment
work quality
None of these
37.
38.
Recruitment is the process of identifying ______.
right man for right job
good performer
Right job
All of the above
39.
Labour turnover is the rate at which employees _____ the organisation.
enter
leave
Salary
None of the above
40.
Human Resource management is both _____ and ______.
Science and art
Theory and practice
History and Geography
None of the above
41.
_____ was the first company to trade its shares in Demat form.
Tata Industries
Reliance Industries
Infosys
Birla Industries
42.
In which year SEBI was constituted as the regulator of capital markets in India?
1988
1992
2014
2013
43.
______ means the price at which securities are bought and sold are recorded and made public.
Market Quotations
Trade Quotations
Business Quotations
Buyers Quotations
44.
Stock exchange allow trading in
All types of Shares of any Company
Bonds issued by the Govt
Listed Securities
Unlisted Securities
45.
A marketable document of title to a time deposit for a specified period may be referred to as a _____
Treasury Bill
Certificate of Deposit
Commercial Bill
Government Securities
46.
Money Market provides _______
Medium-term Funds
Short-term Funds
Long-term Funds
Shares
47.
Primary market is a Market where securities are traded in the ______.
First Time
Second Time
Three Time
Several Times
48.
Primary market is also called as _______.
Secondary market
Money market
New Issue Market
Indirect Market
49.
__________ System gives full Scope to the Individual Strength and Responsibility.
MBO
MBE
MBM
MBA
50.
Scientific management is developed by ______.
Fayol
Taylor
Mayo
Jacob
1.
(b)
Internal and External
2.
(a)
Internal Thinker
3.
(c)
Not less than 75%
4.
(a)
Statutory
5.
(d)
Trustees
6.
(d)
Two directors
7.
(c)
Right Share
8.
(c)
Share Warrant
9.
(b)
Authorised Capital
10.
(c)
Project Report
11.
(b)
Make in India
12.
(d)
Livestock
13.
(d)
Manufacturing
14.
(d)
All of the above
15.
(d)
All of the above
16.
(c)
Sans recourse
17.
(b)
On whose name it is transferred
18.
(a)
Warranty
19.
(d)
All of the above
20.
(a)
Private
21.
(d)
All of the above
22.
(b)
Below Rs. 20,00,000
23.
(a)
Judge of a High Court
24.
(c)
Responsibilities
25.
(b)
Consumer
26.
(c)
1930
27.
(c)
Electronic catalogue
28.
(c)
Metomediary
29.
(c)
Consumer
30.
(a)
Stock Exchange Market
31.
(b)
Both theory and practical training
32.
(a)
Training
33.
(c)
34.
(b)
First step in selection process
35.
(b)
Psychological Test
36.
(a)
Training
37.
(b)
38.
(a)
right man for right job
39.
(b)
leave
40.
(a)
Science and art
41.
(b)
Reliance Industries
42.
(b)
1992
43.
(a)
Market Quotations
44.
(c)
Listed Securities
45.
(b)
Certificate of Deposit
46.
(b)
Short-term Funds
47.
(a)
First Time
48.
(c)
New Issue Market
49.
(a)
MBO
50.
(b)
Taylor
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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