STD - 12TH COMMERCE - EM ONLINE QUIZ BOOK BACK ONE MARK

+2 Commerce

Lesson 1 - 28

Prepared by Muthu Selvam Madurai Cell : 9842104826

 

1. Management is what a _______ does?
   1.   Supervisor
   2.   Superior
   3.   Subordinate
   4.   Manager
2. ____________ ownership makes bold management decisions due to their strong foundation in the international level.
   1.   MNC’s
   2.   Corporate
   3.   Public
   4.   Private
3. The initial stage of Marketing system is____________
   1.   Exchange to Money
   2.   Monopoly system
   3.   Self producing
   4.   Barter system
4. Scientific management is developed by
   1.   Taylor
   2.   Jacob
   3.   Fayol
   4.   Mayo
5. ________ is useful to prevent skill obsolescence of employees
   1.   Recruitment
   2.   Training
   3.   Selection
   4.   Job analysis
6. The Spot market is classified on the basis of
   1.   Commodity
   2.   Transaction
   3.   Regulation
   4.   Time
7. With a wider span, there will be _______ hierarchical levels.
   1.   Less
   2.   Additional
   3.   Multiple
   4.   More
8. Which is the primary function of management?
   1.   Controlling
   2.   Planning
   3.   Decision-making
   4.   Innovating
9. The shares which are offered to the existing shareholder at free of cost is known as ___________.
   1.   Right Share
   2.   Bonus Share
   3.   Preference Share
   4.   Equity Share
10. Securities Exchange Board of India was first established in the year ____
    1.   1992
    2.   1998
    3.   1988
    4.   1995
11. GST stands for ______,______,______.
    1.   Goods and Social Tax
    2.   Goods and Salary Tax
    3.   Goods and Service Tax
    4.   Goods and Sales Tax
12. _________ is included in every managerial function.
    1.   Co-ordinating
    2.   Organising
    3.   Controlling
    4.   Staffing
13. The goals are achieved with the help of ____
    1.   Staffing
    2.   Controlling
    3.   Planning
    4.   Motivation
14. Which of the below is not a good?
    1.   Stocks
    2.   Dividend due
    3.   Crops
    4.   Water
15. Which is the First step in Process of MBO?
    1.   Matching Resources with Activities
    2.   Appraisal of Activities
    3.   Fixing Key Result Area
    4.   Defining Organisational Objectives
16. Which of the following types of shares are issued by a company to raise capital from the existing shareholders?
    1.   Rights Shares
    2.   Bonus Shares
    3.   Equity Shares
    4.   Preference Shares
17. Which of the below constitutes the essential element of contract of sale?
    1.   Transfer of property
    2.   Two parties
    3.   Price
    4.   All of the above
18. Which of the below is not a Characteristic of a Fabian Entrepreneur?
    1.   Sceptical
    2.   Risk averse
    3.   Conservative
    4.   Adaptive
19. Delegation of Authority is Easily Done with the Help of __________ .
    1.   MBM
    2.   MBE
    3.   MBO
    4.   MBA
20. The _______ was set up by a premier financial institution to allow the trading of securities across the electronic counters throughout the country.
    1.   Venture Funds Institutions
    2.   OTCEI
    3.   Factoring
    4.   Mutual Funds
21. It is the responsibility of a consumer that he must obtain ______ as a proof for the purchase of goods.
    1.   Cash receipt
    2.   Invoice
    3.   Warranty card
    4.   All of these
22. The Chairman of the State Consumer Protection Council is _____
    1.   None of the above
    2.   Judge of a High Court
    3.   Chief Minister
    4.   Finance Minister
23. The process of eliminating unsuitable candidate is called
    1.   Recruitment
    2.   Interview
    3.   Induction
    4.   Selection
24. Financial market facilitates business firms
    1.   To rise funds
    2.   To recruit workers
    3.   To make more sales
    4.   To minimize fund requirement
25. When the NSEI was established
    1.   1998
    2.   1990
    3.   1997
    4.   1992
26. Primary market is also called as
    1.   Money market
    2.   Secondary market
    3.   Indirect Market
    4.   New Issue Market
27. How many times a security can be sold in a secondary market?
    1.   Multiple times
    2.   Two time
    3.   Only one time
    4.   Three times
28. _______ cannot be a bearer instrument.
    1.   Bills of exchange
    2.   None of the above
    3.   Cheque
    4.   Promissory Note
29. Capital market do not provide
    1.   Equity Funds
    2.   Debenture Funds
    3.   Short term Funds
    4.   Long term Funds
30. Participants in the Capital Market includes
    1.   Financial Institutions
    2.   Corporate
    3.   All of the above
    4.   Individuals
31. Primary market is a Market where securities are traded in the
    1.   Three Time
    2.   Second Time
    3.   First Time
    4.   Several Times
32. What are the characteristics of an entrepreneur?
    1.   Self Confidence
    2.   All of the above
    3.   Spirit of enterprise
    4.   Flexibility
33. Find the odd one out in context of Trading Entrepreneur.
    1.   Buying
    2.   Manufacturing
    3.   Selling
    4.   Commission
34. The property in the goods means the
    1.   Custody of goods
    2.   Ownership of goods
    3.   Both Possession and Custody of goods
    4.   Possession of goods
35. Which of the below is not classified into managerial functions?
    1.   Marketing
    2.   Planning
    3.   Organizing
    4.   Controlling
36. A person Shall hold office as a director in ________ companies as per the Companies Act, 2013.
    1.   5 companies
    2.   20 companies
    3.   15 companies
    4.   10 companies
37. Which one is the example of Intangible product?
    1.   Garments
    2.   Education
    3.   Vehicles
    4.   Mobiles
38. A major player in the money market is the ______________
    1.   Central Bank
    2.   State Bank of India
    3.   Reserve Bank of India
    4.   Commercial Bank
39. Which of the following is the Activity of a Business Entrepreneur?
    1.   All of the above
    2.   Marketing
    3.   Production
    4.   Operation
40. __________ keeps Management Alert to Opportunities and Threats by Identifying Critical Problems.
    1.   MBE
    2.   MBO
    3.   MBM
    4.   MBA
41. A marketable document of title to a time deposit for a specified period may be referred to as a __________.
    1.   Certificate of Deposit
    2.   Commercial Bill
    3.   Treasury Bill
    4.   Government. Securities
42. The money invested in the call money market provides high liquidity with _________
    1.   Medium Profitability
    2.   Low Profitability
    3.   High Profitability
    4.   Limited Profitability
43. Training methods can be classified into ________ and ________ training.
    1.   On the Job and Off the Job
    2.   Job rotation and Job enrichment
    3.   Job analysis and Job design
    4.   Physical and mental
44. One who promotes (or) Exchange of goods or services for money is called as
    1.   Seller
    2.   Marketer
    3.   Customer
    4.   Manager
45. ____ is the oldest stock exchange in the world.
    1.   Bombay Stock Exchange
    2.   National Stock Exchange
    3.   Amsterdam Stock Exchange
    4.   London Stock Exchange
46. The International Organisation of Consumers Unions (IOCU)was first established in
    1.   1987
    2.   1965
    3.   1967
    4.   1960
47. What is the statue of Directors who regulate money of the company.
    1.   Trustees
    2.   Banker
    3.   Agent
    4.   Holder
48. Marketing mix means a marketing program that is offered by a firm to its target ______________ to earn profits through satisfaction of their wants.
    1.   Seller
    2.   Wholesaler
    3.   Retailer
    4.   Consumer
49. Jobbers transact in a stock exchange
    1.   For their Own Transactions
    2.   For other Brokers
    3.   For other Members
    4.   For their Clients
50. __________ is the result of New Industrial Policy which abolished the ‘License System’.
    1.   Privatisation
    2.   Globalisation
    3.   None of these
    4.   Liberalisation
51. Recruitment is the process of identifying ___
    1.   good performer
    2.   Right job
    3.   All of the above
    4.   right man for right job
52. An optimistic speculator is
    1.   Bear
    2.   Lame duck
    3.   Bull
    4.   Stag
53. The headquarters of SEBI is _______
    1.   Chennai
    2.   Bombay
    3.   Delhi
    4.   Calcutta
54. Pure play retailers are called
    1.   Transaction brokers
    2.   Market creators
    3.   Merchants
    4.   Agents
55. Corporate Entrepreneur is also called as _____
    1.   Intrapreneur
    2.   Shareholder
    3.   Promoter
    4.   Manager
56. A Private Company shall have a minimum of ________ directors
    1.   3
    2.   7
    3.   5
    4.   2
57. Which of these is based on Technology?
    1.   Professional
    2.   Modern
    3.   Industrial
    4.   Corporate
58. Sale of Goods Act was passed in the year
    1.   1997
    2.   1960
    3.   1930
    4.   1940
59. Human resource is a _________ asset.
    1.   Intangible
    2.   Tangible
    3.   Fixed
    4.   Current
60. SEBI is empowered by the Finance ministry to nominate ______ members on the Governing body of every stock exchange.
    1.   7
    2.   6
    3.   5
    4.   3
61. Dividing the work into small tasks is known as
    1.   Unity
    2.   Discipline
    3.   Division of work
    4.   Equity
62. Which of the following is not a main function?
    1.   Organising
    2.   Planning
    3.   Decision-making
    4.   Staffing
63. Entrepreneur is not classified as
    1.   Employee
    2.   Innovator
    3.   Risk Bearer
    4.   Organizer
64. Planning is a _________ function
    1.   pervasive
    2.   both selective and pervasive
    3.   none of the above
    4.   selective
65. Labour turnover is the rate at which employees _________ the organisation
    1.   enter
    2.   None of the above
    3.   Salary
    4.   leave
66. Which is gateway to internet?
    1.   Webnaire
    2.   CPU
    3.   Portal
    4.   Modem
67. Which of the following is not a consumer right summed up by John F. Kennedy
    1.   Right to safety
    2.   Right to choose
    3.   Right to consume
    4.   Right to be informed
68. ___________ is the Government of India’s endeavour to promote culture of innovation and entrepreneurship.
    1.   STEP
    2.   AIC
    3.   SEED
    4.   AIM
69. Recruitment bridges gap between _____ and ________ .
    1.   owner and servant
    2.   job seeker and agent
    3.   job provider and owner
    4.   job seeker and job provider
70. Who can become a secretary for a company?
    1.   Partnership firm
    2.   Co-operative societies
    3.   Trade unions
    4.   Individual person
71. Which of the below is a factor of production?
    1.   Land
    2.   Labour
    3.   All of the above
    4.   Entrepreneurship
72. Advertisement is a ________ source of recruitment
    1.   external
    2.   agent
    3.   internal
    4.   outsourcing
73. Transfer is an ________ source of recruitment.
    1.   None of the above
    2.   internal
    3.   outsourcing
    4.   external
74. The recruitment and Selection Process aimed at right kind of people.
    1.   All of the above
    2.   At right people
    3.   At right time
    4.   To do right things
75. Which of the following test is used to measure the various characteristics of the candidate?
    1.   Psychological Test
    2.   Proficiency tests
    3.   physical Test
    4.   attitude Test
76. _______ is the king of modern marketing.
    1.   Producer
    2.   Wholesaler
    3.   Consumer
    4.   Reatailer
77. Job first man next is one of the principles of ___________.
    1.   Interview
    2.   Training
    3.   Test
    4.   placement
78. Selection is usually considered as a ___________ process
    1.   Natural
    2.   None of these
    3.   Negative
    4.   Positive
79. The Chairman of the National Consumer Disputes Redressal Council is ______
    1.   Serving or Retired Judge of the Supreme Court of India.
    2.   President of India
    3.   Prime Minister
    4.   None of the above
80. Who is not entitled to speak at the annual general meeting of the company.
    1.   Shareholder
    2.   Directors
    3.   Auditor
    4.   Proxy
81. Trading is dematerialized shares commenced on the NSE is ________
    1.   June 1998
    2.   January 1996
    3.   December 1996
    4.   December 1998
82. MBO is popularised in the USA by __________ .
    1.   Prof. Reddin
    2.   George Odiorne
    3.   Henry Fayol
    4.   F.W Taylor
83. Improves Skill Levels of employees to ensure better job performance
    1.   Selection
    2.   Performance appraisal
    3.   Recruitment
    4.   Training
84. When trainees are trained by supervisor or by superior at the job is called
    1.   Role play
    2.   Apprenticeship training
    3.   Vestibule training
    4.   Refresher training
85. Macro Environment of business is an _________ factor.
    1.   Controllable
    2.   Uncontrollable
    3.   Immanageable
    4.   Manageable
86. The market for buying and selling of Commercial Bills of Exchange is known as a __________.
    1.   Commercial Paper Market
    2.   Treasury Bill Market
    3.   Commercial Bill Market
    4.   Capital Market
87. ____________has to include the mechanism for managing venture in the project report.
    1.   Government
    2.   Entrepreneur
    3.   Lending Institutions
    4.   Banker
88. Capital market is a market for
    1.   Medium Term Finance
    2.   Both Short Term and Medium Term Finance
    3.   Short Term Finance
    4.   Long Term Finance
89. Stock Exchange Market is also called _____________
    1.   Local Market
    2.   National Market
    3.   Spot Market
    4.   Security Market
90. The shares which are offered first to the existing shareholder at reduced price is known as _____________.
    1.   Equity Share
    2.   Bonus Share
    3.   Right Share
    4.   Preference Share
91. In the following variables which one is not the variable of marketing mix?
    1.   Price Variable
    2.   Program Variable
    3.   Product Variable
    4.   Place Variable
92. Spot Market is a market where the delivery of the financial instrument and payment of cash occurs
    1.   In the future
    2.   After one month
    3.   Uncertain
    4.   Immediately
93. Selling goods/ services through internet is
    1.   Social marketing
    2.   E- business
    3.   Green marketing
    4.   Meta marketing
94. Social marketing deals with:
    1.   Social change
    2.   Social evil
    3.   Society
    4.   Social Class
95. Human resource management determines the _________ relationship.
    1.   internal, external
    2.   Owner, Servant
    3.   employer, employee
    4.   Principle, Agent
96. Who is the father of Consumer Movement?
    1.   Mahatma Gandhi
    2.   Mr. Jhon F. Kennedy
    3.   Ralph Nader
    4.   Jawaharlal Nehru
97. Who is supreme in the Market?
    1.   Retailer
    2.   Seller
    3.   Wholesaler
    4.   Customer
98. According to Companies Act, the Directors must be appointed by the
    1.   Company in General Meeting
    2.   Company Law Tribunal
    3.   Board of Directors
    4.   Central Government
99. Sale of Goods Act was passed in the year?
    1.   1972
    2.   1962
    3.   1985
    4.   1930
100. _____ of every year is declared as a Consumer Protection Day to educate the public about their rights and responsibilities.
     1.   September 15
     2.   March 15
     3.   April 15
     4.   August 15
101. Off the Job training is given
     1.   On off days
     2.   In the class room
     3.   In the playground
     4.   Outside the factory
102. As the consumer is having the rights, they are also having ________.
     1.   Duties
     2.   Promotion
     3.   Measures
     4.   Responsibilities
103. The Consumer Protection Act came into force with effect from
     1.   15.04.1990
     2.   15.04.1987
     3.   01.01.1986
     4.   01.04.1986
104. From the date of its incorporation the First Annual General Meeting is to be conducted within __________ months.
     1.   15
     2.   21
     3.   12
     4.   18
105. The marketer initially wants to know in the marketing is
     1.   Qualification of the customer
     2.   Quality of the product
     3.   Background of the customers
     4.   Needs of the customers
106. The State Commission can entertain complaints where the value of the goods or services and the compensation, if any claimed exceed
     1.   Rs 3 lakhs but does not exceed Rs 5 lakhs
     2.   Rs 4 lakhs but does not exceed Rs 20 lakhs
     3.   Rs 2 lakhs but does not exceed Rs 5 lakhs
     4.   Rs 20 lakhs but does not exceed Rs 1 crore
107. VUCA stands for ____, _____,_____,______.
     1.   Volatility, Uncertainty, Complexity and Ambiguity
     2.   All of the above
     3.   Volatility, Uncontrollable, Company and Auction
     4.   Value, Unavoidable, Company and
        Authority
108. Which meeting will be held only once in the life time of the company?
     1.   Annual General
     2.   Statutory
     3.   Extra - ordinary
     4.   Class General
109. Factors within an organisation constitutes _________ environment.
     1.   Internal Thinker
     2.   Fellow human beings
     3.   External Thinker
     4.   All of the above
110. ___________ should cover aspects like sources of finance, technical know-how, source of labour and raw material, market potential and profitability.
     1.   Finance Report
     2.   Technical Report
     3.   Project Report
     4.   Progress Report
111. Debt Instruments are issued by Corporate Houses are raising short-term financial resources from the money market are called _________
     1.   Commercial Paper
     2.   Certificate of Deposit
     3.   Government Securities
     4.   Treasury Bills
112. The two major types of business environment are _______ and ___________.
     1.   Internal and External
     2.   Good and Bad
     3.   Allowable and Unallowable
     4.   Positive and Negative
113. There are _____ stock exchange in the country.
     1.   20
     2.   25
     3.   24
     4.   21
114. Which of the following is verification function?
     1.   Planning
     2.   Controlling
     3.   Staffing
     4.   Organising
115. ___________ means permitting the private sector to setup industries which were previously reserved for public sector.
     1.   Privatisation
     2.   Public Enterprise
     3.   Liberalisation
     4.   Globalisation
116. The term ‘consumerism’ came into existence in the year __________.
     1.   1957
     2.   1960
     3.   1958
     4.   1954
117. Which of the below is a commercial function?
     1.   Accounting
     2.   Coordination
     3.   Discovery of idea
     4.   Planning
118. The Chairman of the District Forum is ________
     1.   High Court Judge
     2.   None of the above
     3.   District Judge
     4.   Supreme Court Judge
119. Which one of the market deals in the purchase and sale of shares and debentures?
     1.   Manufactured Goods Market
     2.   Stock Exchange Market
     3.   Family Market
     4.   Local Market
120. New Economic Policy was introduced in the year _______.
     1.   1991
     2.   2015
     3.   1980
     4.   2013
121. E-recruitment is possible only through ________ facility
     1.   internet
     2.   4G
     3.   Computer
     4.   Broadband
122. A pessimistic speculator is
     1.   Bull
     2.   Bear
     3.   Lame Duck
     4.   Stag
123. In case of the sale, the ____ has the right to sell
     1.   Seller
     2.   Hirer
     3.   Buyer
     4.   Consignee
124. Negotiable Instrument Act was passed in the year ______.
     1.   1994
     2.   1981
     3.   1881
     4.   1818
125. Number of parties in a bill of exchange are
     1.   3
     2.   6
     3.   2
     4.   4
126. Section 6 of Negotiable Instruments Act 1881 deals with
     1.   Bills of exchange
     2.   None of the above
     3.   Promissory Note
     4.   Cheque
127. A cheque will become stale after _____ months of its date:
     1.   5
     2.   3
     3.   4
     4.   1
128. The final aim of modern marketing is _______
     1.   Service to the society
     2.   Maximum profit
     3.   Minimum profit
     4.   Consumer satisfaction
129. Human Resource management is both _________ and _________ .
     1.   Theory and practice
     2.   None of the above
     3.   History and Geography
     4.   Science and art
130. Management is an _______
     1.   Science
     2.   Art
     3.   Art and Science
     4.   Art or Science
131. A Public Company having a paid up Share Capital of Rs. ___________ or more may have a Director, elected by such small shareholders
     1.   5 crores
     2.   3 crores
     3.   1 crore
     4.   7 crores
132. Effective use of Social media marketing increase conversion rates of ___________.
     1.   One buyer to another buyer’s
     2.   Retailer to customers
     3.   Customer to buyers
     4.   Direct contact of marketer
133. __________ results from the removal of barriers between national economies to encourage the flow of goods, services, capital and labour.
     1.   Privatisation
     2.   Globalisation
     3.   Liberalisation
     4.   Foreign Trade
134. ___________ System gives full Scope to the Individual Strength and Responsibility
     1.   MBE
     2.   MBM
     3.   MBO
     4.   MBA
135. The ___________ initiative was launched to modernize the Indian economy to make all governments services available electronically.
     1.   Make in India
     2.   Digital India
     3.   Standup India
     4.   Startup India
136. Mention the status of a Company Secretary in a company.
     1.   An independent contractor
     2.   A member
     3.   An employee
     4.   A director
137. Registering and controlling the functioning of collective investment schemes as _______
     1.   Listing
     2.   Rematerialisation
     3.   Dematerialization
     4.   Mutual Funds
138. ________ is designed to transform India to a global design and manufacturing hub.
     1.   Digital India
     2.   Startup India
     3.   Design India
     4.   Make in India
139. How does a person who envisages the idea to form a company called?
     1.   Company Secretary
     2.   Promoter
     3.   Registrar
     4.   Director
140. The Company will have to issue the notice
     of situation of Registered Office to the
     Registrar of Companies within _____ days from the date of incorporation.
     1.   21 days
     2.   30 days
     3.   14 days
     4.   60 days