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12th Standard Commerce English Medium Free Online Test 1 Mark Questions 2020 - Part Three

12th 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. How are principles of management formed?

    (a)

    In a laboratory

    (b)

    By experience of mangers

    (c)

    By experience of mangers

    (d)

    By experience of producers

  2. _____ is an instrument drawn by a seller of goods on a buyer of goods.

    (a)

    Treasury bill

    (b)

    Certificate of deposit

    (c)

    Commercial bill

    (d)

    None of these

  3. The normal trading time for equity market is between

    (a)

    8:30 a.m to 7:30 p.m

    (b)

    9:15 a.m to 3:30 p.m

    (c)

    6:00 a.m to 6:00 p.m

    (d)

    7:30 a.m to 7:00 p.m

  4. A _____ is a cautious speculator in the stock exchange.

    (a)

    Lame Duck

    (b)

    Bull

    (c)

    Bear

    (d)

    Stag

  5. The Consumer Protection Act came into force with effect from________.

    (a)

    1.1.1986

    (b)

    1.4.1986

    (c)

    15.4.1987

    (d)

    15.4.1990

  6. It is the responsibility of a consumer that he must obtain _________ as a proof for the purchase of goods.

    (a)

    Cash receipt

    (b)

    Warranty card

    (c)

    Invoice

    (d)

    All of these

  7. The two major types of business environment are ________ and ________.

    (a)

    Positive and Negative

    (b)

    Internal and External

    (c)

    Good and Bad

    (d)

    Allowable and Unallowable

  8. ____ is a stipulation which is collateral to main purpose of contract.

    (a)

    Warranty

    (b)

    Condition

    (c)

    Right

    (d)

    Agreement

  9. Poultry, Flowers, Fruits, etc are called allied Products of ____________entrepreneur.

    (a)

    Coporate

    (b)

    Retail

    (c)

    Trading

    (d)

    Agricultural

  10. A Public Company shall have a minimum of_________ Directors.

    (a)

    Twelve

    (b)

    Seven

    (c)

    Three

    (d)

    Two

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