100% QP 1

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

ST JOHN’S MATRIC HIGHER SECONDARY SCHOOL

SAKTHI NAGAR, PRESS COLONY, COIMBATORE-19


CLASS:XI TOTAL MARKS:90
SUBJECT: COMMERCE TIME:3 HRS
PART – I

Choose the correct answer: 20X1=20


1. Trade and Commerce was common to _______ Dynasty.
a) Pallava b) Chola c) Panidya d) Chera
2. Which is the oldest form of Business organisation?
a. Sole Proprietorship b. Partnership c. Co-operative Society d. Company
3. ‘Only the male members in the family get the right of inheritance by birth’ as
a. Hindu law b. Mitakshara Law c. Dayabhaga law d. None of these
4. The Board of directors of a company is elected by _________
a) Creditors b) Debtors c) Debenture holders d) Share holders
5. Consumers Co-operation was first successful in _____
a) England b) USA c) Swiss d) India
6. The share capital of the government company must not be less than
a) 75 % b) 60 % c) 95 % d) 51 %
7. The Reserve Bank of India commenced its operations from April 1,
(a) 1936 (b) 1935 (c)1934 (d) 1933
8. The largest commercial bank of India
(a) ICICI (b) SBI (c) PNB (d) RBI
9. Warehouses remove the hindrance of ______________
a) Person b) Time c) Risk d) Knowledge
10. Air consignment note is prepared in _____ forms
a. One b. Two. c. Three d. Four
11. ______ is not a type of general insurance
a) Marine Insurance b) Life Insurance c) Fidelity Insurance d) Fire Insurance
12. The main benefit of Logistics is
(a)Productivity (b) Cost Minimisation (c)Profitability (d) Storage
13. Public deposits are the deposits which are raised directly from ______
a. The public b. The directors c. The auditors d. The owners
14. There are ______ distinct modes of credit to Self Help Groups.
(a) 1 (b) 2 (c) 3 (d) 4
15. ---------- acts as a connective link between the producer and the consumer.
a. Trade b. Industry c. Commerce d. Business
16. Who is the first middleman in the channel of distribution?
a. Wholesaler b. Producer c. Retailer d. Customer
17. Retailers deal in ____________ quantity of goods
a) Small b) Large c) Medium d) Limited

18. STC is expansion for


a) State Training Centre b) State Training Council
c) State Trading Centre d) State Trading Corporation
19. General Agreement on Tariff and Trade was signed on
a. 30-October-1947 b. 29-October-1947 c. 28-October-1947 d. 26-October-1947
20. A person is said to be a third person if he is not a
a. promisor b. promise c. agent d. Legal Representative
Answer any(7) following questions : 7X2=14
21. What is meant by Economic Activities?
22. Who is a Sleeping partner?
23. What is meant by Chartered Company?
24. Write a short notes on Credit card.
25. Give any two functions of warehouses.
26. Who are Foreign Institutional Investors?
27. State the meaning of Multiple shops.
28. What is WTO?
29. What is meant by Previous year?
30. What is CGST?
Answer any(7) following questions : 7X3=21
31. State the meaning of Maruvurapakkam and Pattinapakkam.
32. What do you mean by tertiary industries?
33. What is unlimited liability?
34. What is meant by Foreign Company?
35. Write a note on Housing cooperatives.
36. What is bill of lading?
37. Write a note on IRDAI.
38. Define Business Finance.
39. Explain any three features of Self Help Group.
40. What are the objectives of GST?
Answer any(7) following questions : 7X5=35
41. What are the hindrances of Commerce?
42. What are the contents of Partnership Deed?
43. What are the contents of Articles of Association?
44. Discuss the advantages of Railway transport.
45. Explain the principles of Insurance.
46. Explain any five personal investment avenues.
47. Distinguish between GDR and ADR.
48. What are the features of Internal trade?
49. What are the functions of Wholesalers?
50. Explain the essentials of a Valid Contract.

You might also like