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11th Standard Commerce English Medium Free Online Test 1 Mark Questions 2020 - Part Three

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Who encouraged import of foreign goods from Persia?

    (a)

    Akbar

    (b)

    Babar

    (c)

    Aurangazeb

    (d)

    Alauddin Khilji

  2. Maruti Suzuki is an example of ........

    (a)

    Private Enterprises

    (b)

    Public Enterprises

    (c)

    Joint Enterprises

    (d)

    None of these

  3. Commerce represents________ side of goods and services.

    (a)

    demand

    (b)

    profit

    (c)

    supply

    (d)

    cost

  4. The Members in the joint Hindu family are called ________

    (a)

    Karta

    (b)

    Coparceners

    (c)

    Generations

    (d)

    Partners

  5. Demonetisation was introduced in __________ .

    (a)

    November 8, 2016

    (b)

    November 8, 2015

    (c)

    November 8, 2014

    (d)

    November 8, 2017

  6. In which kind of account, it is compulsory to deposit certain amount at certain time?

    (a)

    Savings Deposit

    (b)

    Fixed Deposit

    (c)

    Current Deposit

    (d)

    Recurring Deposit

  7. The person who agrees to compensate the loss arising from the risk is called as______________

    (a)

    insurer

    (b)

    assurer

    (c)

    underwriter

    (d)

    all the above

  8. Investment Limit of a Micro Enterprise under manufacturing sector does not exceed _____lakhs.

    (a)

    10

    (b)

    20

    (c)

    25

    (d)

    50

  9. IMF was established in the year______.

    (a)

    1944

    (b)

    1945

    (c)

    1956

    (d)

    1997

  10. A person is said to be a third person if he is not a ____________

    (a)

    Promisor

    (b)

    Promise

    (c)

    Agent

    (d)

    Legal representative

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