MAT. HR. SEC.

SCHOOL
Revision II – part i

Class: XI Time: 2 ½ hRS

SUBJECT: Commerce Marks: 90

ANSWER ALL THE QUESTIONS

I. Choose the correct answer. 20 x 1 = 20

1. Debenture holders are entitled to a fixed rate of __________

a) Dividend b) Profits
c) Interest d) Ratios

2. Equity share holders are the ____ of the company

a) Creditors b) Owners
c) Debtors d) Employees

3. Issuance of DRs is based on the increase of demand in the

a) International Market b) Local Market
c) Existing Shareholders d) All of the above

4. ADRs are issued in

a) Canada b) China
c) India d) USA

5. _____ bond is special type of bond issued in the currency other than the home currency
a) Government bonds b) FCCB
c) Corporate bonds d) Investment bonds

6. MSMED Act enacted in the year

a) 2004 b) 2007
c) 2006 d) 2008

7. Self-help groups convert the savings into a common fund known as

a) Common Fund b) Group Corpus Fund
c) Group Fund d) None of the above

8. There are ______ distinct modes of credit to self-help group

a) 1 b) 2
c) 3 d) 4

9. When goods are imported for the purpose of export it is called as ______
a) Foreign trade b) Home trade
c) Entrepot d) Trade

10. Internal trade can be classified into ____ categories

a) Three b) Four
c) Two d) Five

11. The middle men who acts as a link between wholesaler and customers refers to a ____
a) Producer b) Broker
c) Retailer d) Customer
12. Who is the first middlemen in the channel of distribution
a) Producer b) Wholesaler
c) Retailer d) Customer

13. Merchant middlemen can be classified into _____ categories

a) 3 b) 2
c) 5 d) 4

14. Wholesalers deal in ____ quantity of goods

a) Small b) Large
c) Medium d) Limited

15. Small scale fixed retailers include _____

a) General stores b) Pedlars
c) Cheap Jacks d) Hawkers

16. Small shops which deal in a particular line of product are called as
a) Market traders b) Single line stores
c) Supermarket d) Street Stalls

17. ____ are the mobile traders who deal in low priced articles with no fixed place of business
a) Shopping malls b) Supermarkets
c) Street Stalls d) Itinerants

18. Ethics is important for

a) Top management b) Middle level managers
c) Non managerial employees d) All of the above

19. The role of top management is to guide the entire organisation towards
a) General behaviour b) Organisational behaviour
c) Ethically upright behaviour d) Individual behaviour

20. The ethical conduct of employees leading to standard practices results in

a) Good behaviour b) Bad behaviour
c) Ethical behaviour d) Correct decision making

II. Write very short answers ( Any 7 ) 7 x 2 = 14

1. Write a note on debentures.

2. What do you mean by public deposits?
3. Who are foreign institutional investors?
4. What is a depository receipt?
5. What is an ADR?
6. What is a foreign currency convertible bond?
7. What do you understand by manufacturing enterprises?
8. Savings first – credit later…….. Give any two features of the same.
9. Explain the meaning of entrepot trade.
10. Who are mercantile agents?
III. Write short answers ( Any 7 ) 7 x 3 = 21

1. For which purpose fixed capital is needed in business?

2. Many Indian companies are now able to access funds in the international market. Explain any
3 types of international sources from where funds may be generated.
3. Import trade refers to purchase goods and services foreign country. Give any 3 objectives of
it.
4. State the main aim of trade.
5. Who is a factor?
6. What are the services rendered by the wholesaler to the manufacturer?
7. Explain the characteristics of super market.
8. Distinguish between hire purchase and instalment system.
9. Explain the features of General Stores.
10. What is the role and significance of MSME’s in Indian economy?

IV. Write long answers 7 x 5 = 35

1. What are the different types of short term finances given by commercial banks?
(OR)
Write short notes on a) Owners fund b) Borrowed funds

2. Distinguish between GDR and ADR.

(OR)
Explain any five advantages of FDI.

3. What are the objectives of SHG’s?

(OR)
Explain the advantages of MSME’s.

4. What are the features of internal trade?

(OR)
What are the functions of wholesaler?

5. What are the factors affecting a channel of distribution?

(OR)
Explain any four personal investment avenues.

6. State any five features of FCCB?

(OR)
What are the objectives of SHG?

7. Explain briefly the different types of foreign trade.

(OR)
Mercantile agents are also called functional middlemen. Explain any five kinds of mercantile
agents.