+2 Commerce

Management is what a _______ does?
1. Supervisor
2. Superior
3. Subordinate
4. Manager
____________ ownership makes bold management decisions due to their strong foundation in the international level.
1. MNC’s
2. Corporate
3. Public
4. Private
The initial stage of Marketing system is____________
1. Exchange to Money
2. Monopoly system
3. Self producing
4. Barter system
Scientific management is developed by
1. Taylor
2. Jacob
3. Fayol
4. Mayo
________ is useful to prevent skill obsolescence of employees
1. Recruitment
2. Training
3. Selection
4. Job analysis
The Spot market is classified on the basis of
1. Commodity
2. Transaction
3. Regulation
4. Time
With a wider span, there will be _______ hierarchical levels.
1. Less
2. Additional
3. Multiple
4. More
Which is the primary function of management?
1. Controlling
2. Planning
3. Decision-making
4. Innovating
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
Securities Exchange Board of India was first established in the year ____
1. 1992
2. 1998
3. 1988
4. 1995
GST stands for ______,______,______.
1. Goods and Social Tax
2. Goods and Salary Tax
3. Goods and Service Tax
4. Goods and Sales Tax
_________ is included in every managerial function.
1. Co-ordinating
2. Organising
3. Controlling
4. Staffing
The goals are achieved with the help of ____
1. Staffing
2. Controlling
3. Planning
4. Motivation
Which of the below is not a good?
1. Stocks
2. Dividend due
3. Crops
4. Water
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
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
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
Which of the below is not a Characteristic of a Fabian Entrepreneur?
1. Sceptical
2. Risk averse
3. Conservative
4. Adaptive
Delegation of Authority is Easily Done with the Help of __________ .
1. MBM
2. MBE
3. MBO
4. MBA
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
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
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
The process of eliminating unsuitable candidate is called
1. Recruitment
2. Interview
3. Induction
4. Selection
Financial market facilitates business firms
1. To rise funds
2. To recruit workers
3. To make more sales
4. To minimize fund requirement
When the NSEI was established
1. 1998
2. 1990
3. 1997
4. 1992
Primary market is also called as
1. Money market
2. Secondary market
3. Indirect Market
4. New Issue Market
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
_______ cannot be a bearer instrument.
1. Bills of exchange
2. None of the above
3. Cheque
4. Promissory Note
Capital market do not provide
1. Equity Funds
2. Debenture Funds
3. Short term Funds
4. Long term Funds
Participants in the Capital Market includes
1. Financial Institutions
2. Corporate
3. All of the above
4. Individuals
Primary market is a Market where securities are traded in the
1. Three Time
2. Second Time
3. First Time
4. Several Times
What are the characteristics of an entrepreneur?
1. Self Confidence
2. All of the above
3. Spirit of enterprise
4. Flexibility
Find the odd one out in context of Trading Entrepreneur.
1. Buying
2. Manufacturing
3. Selling
4. Commission
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
Which of the below is not classified into managerial functions?
1. Marketing
2. Planning
3. Organizing
4. Controlling
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
Which one is the example of Intangible product?
1. Garments
2. Education
3. Vehicles
4. Mobiles
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
Which of the following is the Activity of a Business Entrepreneur?
1. All of the above
2. Marketing
3. Production
4. Operation
__________ keeps Management Alert to Opportunities and Threats by Identifying Critical Problems.
1. MBE
2. MBO
3. MBM
4. MBA
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
The money invested in the call money market provides high liquidity with _________
1. Medium Profitability
2. Low Profitability
3. High Profitability
4. Limited Profitability
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
One who promotes (or) Exchange of goods or services for money is called as
1. Seller
2. Marketer
3. Customer
4. Manager
____ is the oldest stock exchange in the world.
1. Bombay Stock Exchange
2. National Stock Exchange
3. Amsterdam Stock Exchange
4. London Stock Exchange
The International Organisation of Consumers Unions (IOCU)was first established in
1. 1987
2. 1965
3. 1967
4. 1960
What is the statue of Directors who regulate money of the company.
1. Trustees
2. Banker
3. Agent
4. Holder
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
Jobbers transact in a stock exchange
1. For their Own Transactions
2. For other Brokers
3. For other Members
4. For their Clients
__________ is the result of New Industrial Policy which abolished the ‘License System’.
1. Privatisation
2. Globalisation
3. None of these
4. Liberalisation
Recruitment is the process of identifying ___
1. good performer
2. Right job
3. All of the above
4. right man for right job
An optimistic speculator is
1. Bear
2. Lame duck
3. Bull
4. Stag
The headquarters of SEBI is _______
1. Chennai
2. Bombay
3. Delhi
4. Calcutta
Pure play retailers are called
1. Transaction brokers
2. Market creators
3. Merchants
4. Agents
Corporate Entrepreneur is also called as _____
1. Intrapreneur
2. Shareholder
3. Promoter
4. Manager
A Private Company shall have a minimum of ________ directors
1. 3
2. 7
3. 5
4. 2
Which of these is based on Technology?
1. Professional
2. Modern
3. Industrial
4. Corporate
Sale of Goods Act was passed in the year
1. 1997
2. 1960
3. 1930
4. 1940
Human resource is a _________ asset.
1. Intangible
2. Tangible
3. Fixed
4. Current
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
Dividing the work into small tasks is known as
1. Unity
2. Discipline
3. Division of work
4. Equity
Which of the following is not a main function?
1. Organising
2. Planning
3. Decision-making
4. Staffing
Entrepreneur is not classified as
1. Employee
2. Innovator
3. Risk Bearer
4. Organizer
Planning is a _________ function
1. pervasive
2. both selective and pervasive
3. none of the above
4. selective
Labour turnover is the rate at which employees _________ the organisation
1. enter
2. None of the above
3. Salary
4. leave
Which is gateway to internet?
1. Webnaire
2. CPU
3. Portal
4. Modem
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
___________ is the Government of India’s endeavour to promote culture of innovation and entrepreneurship.
1. STEP
2. AIC
3. SEED
4. AIM
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
Who can become a secretary for a company?
1. Partnership firm
2. Co-operative societies
3. Trade unions
4. Individual person
Which of the below is a factor of production?
1. Land
2. Labour
3. All of the above
4. Entrepreneurship
Advertisement is a ________ source of recruitment
1. external
2. agent
3. internal
4. outsourcing
Transfer is an ________ source of recruitment.
1. None of the above
2. internal
3. outsourcing
4. external
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
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
_______ is the king of modern marketing.
1. Producer
2. Wholesaler
3. Consumer
4. Reatailer
Job first man next is one of the principles of ___________.
1. Interview
2. Training
3. Test
4. placement
Selection is usually considered as a ___________ process
1. Natural
2. None of these
3. Negative
4. Positive
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
Who is not entitled to speak at the annual general meeting of the company.
1. Shareholder
2. Directors
3. Auditor
4. Proxy
Trading is dematerialized shares commenced on the NSE is ________
1. June 1998
2. January 1996
3. December 1996
4. December 1998
MBO is popularised in the USA by __________ .
1. Prof. Reddin
2. George Odiorne
3. Henry Fayol
4. F.W Taylor
Improves Skill Levels of employees to ensure better job performance
1. Selection
2. Performance appraisal
3. Recruitment
4. Training
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
Macro Environment of business is an _________ factor.
1. Controllable
2. Uncontrollable
3. Immanageable
4. Manageable
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
____________has to include the mechanism for managing venture in the project report.
1. Government
2. Entrepreneur
3. Lending Institutions
4. Banker
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
Stock Exchange Market is also called _____________
1. Local Market
2. National Market
3. Spot Market
4. Security Market
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
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
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
Selling goods/ services through internet is
1. Social marketing
2. E- business
3. Green marketing
4. Meta marketing
Social marketing deals with:
1. Social change
2. Social evil
3. Society
4. Social Class
Human resource management determines the _________ relationship.
1. internal, external
2. Owner, Servant
3. employer, employee
4. Principle, Agent
Who is the father of Consumer Movement?
1. Mahatma Gandhi
2. Mr. Jhon F. Kennedy
3. Ralph Nader
4. Jawaharlal Nehru
Who is supreme in the Market?
1. Retailer
2. Seller
3. Wholesaler
4. Customer
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
Sale of Goods Act was passed in the year?
1. 1972
2. 1962
3. 1985
4. 1930
_____ 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
Off the Job training is given
1. On off days
2. In the class room
3. In the playground
4. Outside the factory
As the consumer is having the rights, they are also having ________.
1. Duties
2. Promotion
3. Measures
4. Responsibilities
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
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
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
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
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
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
Factors within an organisation constitutes _________ environment.
1. Internal Thinker
2. Fellow human beings
3. External Thinker
4. All of the above
___________ 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
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
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
There are _____ stock exchange in the country.
1. 20
2. 25
3. 24
4. 21
Which of the following is verification function?
1. Planning
2. Controlling
3. Staffing
4. Organising
___________ means permitting the private sector to setup industries which were previously reserved for public sector.
1. Privatisation
2. Public Enterprise
3. Liberalisation
4. Globalisation
The term ‘consumerism’ came into existence in the year __________.
1. 1957
2. 1960
3. 1958
4. 1954
Which of the below is a commercial function?
1. Accounting
2. Coordination
3. Discovery of idea
4. Planning
The Chairman of the District Forum is ________
1. High Court Judge
2. None of the above
3. District Judge
4. Supreme Court Judge
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
New Economic Policy was introduced in the year _______.
1. 1991
2. 2015
3. 1980
4. 2013
E-recruitment is possible only through ________ facility
1. internet
2. 4G
3. Computer
4. Broadband
A pessimistic speculator is
1. Bull
2. Bear
3. Lame Duck
4. Stag
In case of the sale, the ____ has the right to sell
1. Seller
2. Hirer
3. Buyer
4. Consignee
Negotiable Instrument Act was passed in the year ______.
1. 1994
2. 1981
3. 1881
4. 1818
Number of parties in a bill of exchange are
1. 3
2. 6
3. 2
4. 4
Section 6 of Negotiable Instruments Act 1881 deals with
1. Bills of exchange
2. None of the above
3. Promissory Note
4. Cheque
A cheque will become stale after _____ months of its date:
1. 5
2. 3
3. 4
4. 1
The final aim of modern marketing is _______
1. Service to the society
2. Maximum profit
3. Minimum profit
4. Consumer satisfaction
Human Resource management is both _________ and _________ .
1. Theory and practice
2. None of the above
3. History and Geography
4. Science and art
Management is an _______
1. Science
2. Art
3. Art and Science
4. Art or Science
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
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
__________ 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
___________ System gives full Scope to the Individual Strength and Responsibility
1. MBE
2. MBM
3. MBO
4. MBA
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
Mention the status of a Company Secretary in a company.
1. An independent contractor
2. A member
3. An employee
4. A director
Registering and controlling the functioning of collective investment schemes as _______
1. Listing
2. Rematerialisation
3. Dematerialization
4. Mutual Funds
________ 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
How does a person who envisages the idea to form a company called?
1. Company Secretary
2. Promoter
3. Registrar
4. Director
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

+2 Commerce

Lesson 1 - 28