New ! Commerce MCQ Practise Tests



Model 1 Mark Book Back Questions (New Syllabus) 2020

12th Standard

    Reg.No. :
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Commerce

Time : 00:25:00 Hrs
Total Marks : 28

    Part A

    28 x 1 = 28
  1. Dividing the work into small tasks is known as ______.

    (a)

    Discipline

    (b)

    Unity

    (c)

    Division of work

    (d)

    Equity

  2. _______ is included in every managerial function.

    (a)

    Co-ordinating

    (b)

    Controlling

    (c)

    Staffing

    (d)

    Organising

  3. _________ keeps Management Alert to Opportunities and Threats by Identifying Critical Problems.

    (a)

    MBA

    (b)

    MBE

    (c)

    MBM

    (d)

    MBO

  4. Spot Market is a market where the delivery of the financial instrument and payment of cash occurs _______.

    (a)

    Immediately

    (b)

    In the future

    (c)

    Uncertain

    (d)

    After one month

  5. Participants in the capital market includes ______.

    (a)

    Individuals

    (b)

    Corporate

    (c)

    Financial Institutions

    (d)

    All of the above

  6. Treasury Bills commands ________

    (a)

    High Liquidity

    (b)

    Low Liquidity

    (c)

    Medium Liquidity

    (d)

    Limited Liquidity

  7. ______ means the price at which securities are bought and sold are recorded and made public.

    (a)

    Market Quotations

    (b)

    Trade Quotations

    (c)

    Business Quotations

    (d)

    Buyers Quotations

  8. _____ enables small investors to participate in the investment on share capital of large companies.

    (a)

    Mutual Funds

    (b)

    Shares

    (c)

    Debentures

    (d)

    Fixed deposits

  9. Human resource management determines the ______ relationship.

    (a)

    internal, external

    (b)

    employer, employee

    (c)

    Owner, Servant

    (d)

    Principle, Agent

  10. Transfer is an _____ source of recruitment.

    (a)

    internal

    (b)

    external

    (c)

    outsourcing

    (d)

    None of the above

  11. Probation/Trial period signifies

    (a)

    one year to two years

    (b)

    one year to three years

    (c)

    Two years to Four years

    (d)

    None of the above

  12. Case study method is _______type of training.

    (a)

    Only theoritical training

    (b)

    Both theory and practical training

    (c)

    Hands on training

    (d)

    Abservation Training

  13. Which one of the market deals in the purchase and sale of shares and debentures?

    (a)

    Stock Exchange Market

    (b)

    Manufactured Goods Market

    (c)

    Local Market

    (d)

    Family Market

  14. Marketing mix means a marketing program that is offered by a firm to its target ________ to earn profits through satisfaction of their wants.

    (a)

    Wholesaler

    (b)

    Retailer

    (c)

    Consumer

    (d)

    Seller

  15. Green Shelter concept was introduced by group:

    (a)

    ACME

    (b)

    Tata

    (c)

    Reliance

    (d)

    ICI

  16. Any person who buys any goods or avails services for personal use, for a consideration is called as

    (a)

    Customer

    (b)

    Consumer

    (c)

    Buyer

    (d)

    User

  17. Which of the following is not a consumer right summed up by John F. Kennedy?

    (a)

    Right to safety

    (b)

    Right to choose

    (c)

    Right to consume

    (d)

    Right to be informed

  18. Complaints can also be filed by the

    (a)

    Central Government

    (b)

    State Government

    (c)

    A group of consumers

    (d)

    All of the above

  19. ________ environment includes weather and climatic conditions.

    (a)

    Micro

    (b)

    Macro

    (c)

    Minimum

    (d)

    Maximum

  20. _______ results from the removal of barriers between national economies to encourage the flow of goods, services, capital and labour.

    (a)

    Privatisation

    (b)

    Liberalisation

    (c)

    Globalisation

    (d)

    Foreign Trade

  21. Unpaid seller can exercise his right of lien over the goods, where he is in possession of the goods as

    (a)

    Owner of goods

    (b)

    Agent of buyer

    (c)

    Bailee for buyer

    (d)

    All of these

  22. A cheque will become stale after _______ months of its date:

    (a)

    3

    (b)

    4

    (c)

    5

    (d)

    1

  23. Which of the below is not classified into managerial functions?

    (a)

    Planning

    (b)

    Marketing

    (c)

    Organizing

    (d)

    Controlling

  24. Which of these is based on Technology?

    (a)

    Modern

    (b)

    Professional

    (c)

    Corporate

    (d)

    Industrial

  25. _____ should cover aspects like sources of finance, technical know-how, source of labour and raw material, market potential and profitability.

    (a)

    Technical Report

    (b)

    Finance Report

    (c)

    Project Report

    (d)

    Progress Report

  26. The shares which are offered first to the existing shareholder at reduced price is known as ______

    (a)

    Bonus Share

    (b)

    Equity Share

    (c)

    Right Share

    (d)

    Preference Share

  27. According to Companies Act, the Directors must be appointed by the _______.

    (a)

    Central Government

    (b)

    Company Law Tribunal

    (c)

    Company in General Meeting

    (d)

    Board of Directors

  28. A special resolution must be filed with the Registrar within

    (a)

    7 days

    (b)

    14 days

    (c)

    30 days

    (d)

    60 days

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