New ! Commerce MCQ Practise Tests



Public Exam Model Question Paper 2019 - 2020

12th Standard

    Reg.No. :
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Commerce

Time : 02:45:00 Hrs
Total Marks : 90

    Part I

    Answer all the questions.

    Choose the most suitable answer from the given four alternatives and write the option code with the corresponding answer.

    20 x 1 = 20
  1. Which of the following is not the functional areas of management?

    (a)

    Production management

    (b)

    Marketing management

    (c)

    Personnel management

    (d)

    Information management

  2. Which of the following is not a main function?

    (a)

    Decision-making

    (b)

    Planning

    (c)

    Organising

    (d)

    Staffing

  3. ________ forms an important core of a country's financial system.

    (a)

    Capital market

    (b)

    Financial market

    (c)

    Money market

    (d)

    Debt market

  4. The money invested in the call money market provides high liquidity with _______

    (a)

    Low Profitability

    (b)

    High Profitability

    (c)

    Limited Profitability

    (d)

    Medium Profitability

  5. The prices of different securities traded are shown on

    (a)

    state boards

    (b)

    central boards

    (c)

    electronic boards

    (d)

    none of these

  6. Human resource management has

    (a)

    irrelevant

    (b)

    universal relevance

    (c)

    temporarily

    (d)

    permanent

  7. Advertisement is a ______ source of recruitment

    (a)

    internal

    (b)

    external

    (c)

    agent

    (d)

    outsourcing

  8. Proper selection of candidates reduces

    (a)

    good talent

    (b)

    labour turnover

    (c)

    absenteeism

    (d)

    none of these

  9. Selling goods/ services through internet is _______.

    (a)

    Green marketing

    (b)

    E- business

    (c)

    Social marketing

    (d)

    Meta marketing

  10. Producers, sellers and service providers give importance to the

    (a)

    workers

    (b)

    managers

    (c)

    consumers

    (d)

    owners

  11. _______ provides the consumer must be assured whenever possible access to a variety of goods and services at competitive prices.

    (a)

    Right to consumer protection Act

    (b)

    Right to choose

    (c)

    Right to safety

    (d)

    Right to be heard

  12. List I List II
    i) Mahatma Gandhi 1) Section 9
    ii) Consumer councils 2) New Delhi
    iii) District forum 3) Consumer awareness
    iv) National Consumer Disputes Redressal Commission 4) Customer
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    4 2 3 1
    (c)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (d)
    (i) (ii) (iii) (iv)
    3 4 2 1
  13. VUCA stands for ________, _________, ________.

    (a)

    Volatility, Uncertainty, Complexity and Ambiguity

    (b)

    Value, Unavoidable, Company and Authority

    (c)

    Volatility, Uncontrollable, Company and Auction

    (d)

    All of the above

  14. __________ started selling shares of PSUs to Public and Financial institution

    (a)

    Indian Government

    (b)

    State Government

    (c)

    Central Government

    (d)

    None of these

  15. The property in the goods means the

    (a)

    Possession of goods

    (b)

    Custody of goods

    (c)

    Ownership of goods

    (d)

    Both (a) and (b)

  16. Which of the below is a commercial function?

    (a)

    Accounting

    (b)

    Coordination

    (c)

    Discovery of idea

    (d)

    Planning

  17. _________ entrepreneurs are those entrepreneurs who raise from products and market them.

    (a)

    Technical

    (b)

    Rural

    (c)

    Agricultural

    (d)

    Urban

  18. _____ has to include the mechanism for managing venture in the project report.

    (a)

    Banker

    (b)

    Government

    (c)

    Lending Institutions

    (d)

    Entrepreneur

  19. If the proposed nominal capital is more than Rs. 25 lakhs at the time of incorporation then the company needs to submit ________ along with the application.

    (a)

    statement of capital

    (b)

    certificate of incorporation

    (c)

    certificate of capital

    (d)

    none of these

  20. Who can become a secretary for a company?

    (a)

    Individual person

    (b)

    Partnership firm

    (c)

    Co-operative societies

    (d)

    Trade unions

  21. Part II

    Answer any 7 questions. Question no. 30 is compulsory.

    7 x 2 = 14
  22. What are 4 M's?

  23. The production manager of your business establishes a quality control standards where in five defects are permissible for every 100 units. What is the management principle highlighted here? Will you encourage the production manager?

  24. How is price decided in a Secondary Market?

  25. What do you mean be money market?

  26. Define Stock Exchange.

  27. List the functions of HRM.

  28. What do you understand about bio data?

  29. Definition of consumer.

  30. Write a note on Arrangement of finance.

  31. What do you mean by first Director?

  32. Part III

    Answer any 7 questions. Question no. 40 is compulsory.

    7 x 3 = 21
  33. What determines the span of management?

  34. What are the various kinds of Capital Market? Explain. (any 3)

  35. Explain Bull and Bear.

  36. What is meant by Dematerialization?

  37. What are the methods of recent trend in recruitment?

  38. What is stress interview?

  39. List down the functions of marketer.

  40. When the complaints can be made?

  41. Write about any three internal environmental factors of business.

  42. what are the main objectives of the company Laws 1956?

  43. Part IV

    Answer all the questions.

    7 x 5 = 35
    1. Discuss the Operating functions of HRM.

    2. Explain the Non-statutory functions.

    1. What are the characteristics of Government Securities? (any 5)

    2. Explain the recent trends in marketing.

    1. What are the functions of SEBI? (any 5)

    2. Explain any five methods of on-the-job training.

    1. Describe the significance of external source of recruitment. (Any seven)

    2. Explain the important methods of interview.(any 5)

    1. Explain the primary functions of management OR secondary functions of Management

    2. Distinguish a cheque and a bill of exchange.(any 5)

    1. Explain the process of MBO. (Any seven)

    2. Explain any five Government Entrepreneurial schemes.

    1. Briefly explain the important stock exchanges in the world. (any six).

    2. Explain the Managerial functions of an entrepreneur.

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