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11th Standard English Medium Commerce Subject Book Back 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 15
    15 x 1 = 15
  1. Who wrote "Arthasasthra"?

    (a)

    Kautilya

    (b)

    Kambar

    (c)

    Thiruvalluvar

    (d)

    Elangovadigal

  2. Production which involves several stages for manufacturing finished product is known as __________

    (a)

    Analytical Industry

    (b)

    Synthetic Industry

    (c)

    Processing Industry

    (d)

    None of the above

  3. A major disadvantage of sole proprietorship is __________.

    (a)

    Limited liability

    (b)

    Unlimited liability

    (c)

    Easy Formation

    (d)

    Quick decision

  4. A partnership is formed by ___________

    (a)

    agreement

    (b)

    relationship among persons

    (c)

    the direction of government

    (d)

    friendship

  5. The Board of directors of a company is elected by _________

    (a)

    Creditors

    (b)

    Debtors

    (c)

    Debenture holders

    (d)

    Share holders (members)

  6. Rochdale Society of equitable pioneers was started by_______.

    (a)

    Robert Owen

    (b)

    H.C. Calvert

    (c)

    Talmaki

    (d)

    Lambert

  7. Coca-Cola company is an example of _________

    (a)

    MNC

    (b)

    Government company

    (c)

    Joint Venture

    (d)

    Public company

  8. A Government company purchases shares in the name of 

    (a)

    Prime Minister

    (b)

    President

    (c)

    Chief Justice of India

    (d)

    State Chief Minister

  9. Bankers are not only dealers of money but also leaders in 

    (a)

    Economic Development

    (b)

    Trade Development

    (c)

    Industry Development

    (d)

    Service Development

  10. The Local Area Banks are promoting

    (a)

    Rural Savings

    (b)

    Business Savings

    (c)

    Industrial development

    (d)

    Agricultural development

  11. The largest commercial bank of India ____________

    (a)

    ICICI

    (b)

    SBI

    (c)

    PNB

    (d)

    RBI

  12. __________ warehouses are used for storing perishable goods like fruits, vegetables etc.

    (a)

    Bonded

    (b)

    Private

    (c)

    Cold storage

    (d)

    Co-operative

  13. Which is the fastest means of transport?

    (a)

    Rail

    (b)

    Road

    (c)

    Sea

    (d)

    Air

  14. A condition where a factor agrees to provide complete set of services like financing, debt collection, consultancy is called______ .

    (a)

    Maturity Factoring

    (b)

    National Factoring

    (c)

    Full service Factoring

    (d)

    Recourse factoring

  15. Which of the following helps in maximising sale of Goods to society?

    (a)

    Business Success

    (b)

    Laws and regulations

    (c)

     Ethics

    (d)

    Professional management 

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