CLASS: XI TIME :3.

00 hrs
SUB: COMMERCE FULL TEST MARK:90

PART -A
I . Choose the correct answer:- 20X1=20
1. Hindrance of place is removed by -----------------
i) Transport ii) Warehouse iii) Sales man iv) insurance
2. Consider the following statement
Assertion A: A joint hindu family business occupation like agriculture handicraft
Reason (R):- A joint stock company members father, mother, son, daughter also
do the business
Select the correct answer:
a) Both A and R are true and R is a correct explanation for A
b) Both A and R are true and R is not correct explanation of A
c) A is true, but R is false
d) A is false, but R is true
3. Match list I with list II and select the correct answer using the codes given below
List I List -II
i) Mother Dairy - MNC
ii) Sony corporation -Small Finance Banks
iii) ESAF SFB - Public corporaction
iv) Tamil Nadu police Department - Co-operative society
Codes:-
i ii iii iv
a) 4 1 2 3
b) 2 4 1 2
c) 2 4 1 3
d) 1 2 3 4
4. The following does not characterize business activity?
a) production of goods and service b) presence of risk
c) sale or exchange of goods and services d) salary or wages
5. Which one of the following is not correctly matched?
a) Private company capitals - 1,00,000
b) Public company capitals - 5,00,000
c) Government company capitals - 49%
d) Holding & subsidiary company capitals - 50%
6. Which one is correct :
a) East india company - registered company
b) statutory company - IDBI
c) private capital - 5,00,000
d) public capital - 1,00,000
7. Auxilaries to trade us also called as
a) trade b) Advertisement c) Warehousing d) Aids to trade
8. TVS motor company is the ------------largest two- wheeler manufacturer in India
a) one b) two c) three d) four
9. Point out to the wrong statement in the following;
a) Warehouse warrant is a document of tittle of goods
b) Food corporation of india provides storage facilities of food granis
c) trade means security or compensation against loss or damages
d) Resently IRDAL head quarters is in hyderabad
10. --------------------is the senior most male member of the family
a) Managing director b) Co-parcenerces c) board of director d) Karta
11. The joint stock company in India are governed by companies act --------------
a) 1956 b) 2013 c) 2012 d) 1957
12. Pick up the add man out:
Classification by company in incorporation
a) chartered b) Statutory c) association not for profit d) private
13. Minimum how much amount an be transferred through RTGS?
a) Any amount b) 50,000 c) 2 Lakh d) 5 Lakh
14. A Government company purchases shares in the name of ---------------
a) Prime minister b) president c) chief justice of india d) state chief minister
 15. Out sourcing is carried out for the benefit of ----------------
a)Global village b) Transport c) Factory d) time and money
16. The ethical conduct of employees Leading to standard practices result in ---------
a) Good behavior b) bad behavior
c) ethical behavior d) correct decision making
select the correct answer using the code given below
a) i, ii and iv b) i only c) iv only d) iii only
17. coca cola is best example of ---------
a)public b)private c)MNC d)departmental
18. A -------is a mercantile agent to whom goods are entrusted for sale by a principal
and takes physical possession of the goods, but does not obtain ownership
a) Broker b) Factor c) Warehouse -keeper d) commission agent
19. Which is not advantages of international business
a) optimum use of natural Resources b) Political Exploitation
c) Higher standard of living d) International pease
20. STC is expansion for
a) State Training centre b) State Training council
c) State trading centre d) State trading corporation
PART -B
II. Answer the following questions: (any 7) (Q -No 30 is compulsory ) 7x2=14
21. What are the kinds of industry?
22. Which type corporation owns and manages business in two or more countries
and give two example.
23. Give any three functions of warehouse.
24. What is meant by logistics?
25. What is meant by long term finance public deposit?
26. Which type of person buying small quantity and sell to customer ?
27. What do you mean by Balance of payment?
28. Define the term assesses?
29. Who are foreign institutional investors?
30. What is meant by law?
 PART -C
III. Answer the following questions: (any 7) (Q -No 40 is compulsory ) 7x3=21
31. Briefly state the human objectives of a business.
32. What are the objectives involved in Regional Rural Banks?
33. Why you do think Social Responsibility of business is needed?
34. Explain any three features of Self Help Group.
35. What is the necessity for enterpot trade?
36. Define a Voidable Contract
37. Narrate commerce with an example.
38. Enumerate the points relating to why business units are Socially Responsible?
39. Explain the features of general stores
40. What do you mean by Total Income

PART -D
IV. Answer the following questions: 7x5=35
41. What do you know about the overseas trading partners of ancient Tamilnadu?
(OR)
What are the advantages of Sole trading business?
42. What is meant by Holding and Subsidiary company?
(OR)
Discuss the causes of risk.
43. How do you classify Social Responsibility?
(OR)
What are the different types of short term finances given by commercial banks?
44. Describe the role of chambers of commerce in promotion of internal trade.
(OR)
Write down the functions of IMF
45. Difference between Contract and Agreement.
(OR)
Discuss any five objectives of business
46. What are the principles of cooperatives? (Any 5)
(OR)
Enumerate the characteristics of franchising
47. Distinguish between internal and international trade
(OR)
Explain the classification of Contract on the basis of the Formation.