
XII – ISC [2021-2022] SUBJECT – COMMERCE MCQs - PAPER – 1
Quiz by Koel Kundu
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1) Strengths is identified as:
2) SWOT analysis is helpful in the___ of an effective strategy
3) The main components of micro environment
4) Social environment component is:
5) “Business environment is the aggregate of all conditionsevents and influences that surround and affect the business organisation” saidby whom:
6) Legal environment is related to:
7) Liberalization means
8) Excess of current assets over current liabilities is
9) Which card issued by the bank does not enjoy an overdraft facility?
10) The full form of CBS is:
11) Convertible Debentures:
12) The company issues fully paid up shares at free of cost tothe existing shareholder in proportion to their existing share holdings. Themethod of issuing is called
13) Which shares are given to specified employees at a discount?
14) Which of the following is short term finance, not a bankcredit?
15) A trader wants to make an electronic transfer of funds through NEFT. He does not have a bank account. What is the minimum amount he can transfer?
16) Under which recent system of bank, customers become ‘customer of bank’ rather than customer of a branch.
17) Cheque drawn by a bank either on it’s own branch or onanother bank in favour of third party
18) A type of debenture where no property is pledged or mortgaged in their issues.
19) When a company borrows funds for six months from anothercompany. This short-term way of raising finance is known as:
20) Direct advance made in lump sum credited to a separate loan account in the name of the borrower and interest to be paid on the whole amount. The source of finance is termed as
21)Several techniques are used for analysing the environment.One such technique is SWOT. The components of which are: (select the odd oneout)
22) Short term sources of funds raised by a joint stock companyare:
23) Revolving capital is also known as:
24) With reference to SWOT analysis:
25) One of the factors affecting the block capital requirementof an organisation is:
26) When the assets do not changes it’s form from one toanother, they are synonymous to
27) One of the limitations of virtual banking
28) Principles of management provide
29) Which one of the following is not a principle of scientific management?
30) Gang plank is related to
31)____means one plan, one boss.
32) The principles of management enhance the understanding of relationship between human and material resources for the achievement of organisational goals. Identify the feature of the principles of management being described in the given statement.
33) Which one of the following statements is not correct?
34) _________ is a systematised body of knowledge that explains certain general truths or operation of general laws.
35) Identify the feature of co-ordination being highlighted in the given statement: “Coordination is not a one time function, it begins at the planning stage and continue till controlling.”
36) This function of management relating to laying down thefoundation for carrying out the other functions of management successfully is
37) Which of the following component of business can be anticipated with the help of planning and though it cannot be completely eliminated, but can be reduced?
38) If employees do not bother to understand the plans and just go on implementing it, then which of the following component will be lacking in the plans?
39) Sam worked as an operation manager in a firm. He received plans from the top management which he was to implement . the plans couldn’t be implemented as it was, because of some changes in related laws .But he couldn’t modify them due to one of limitation of planning. Identify the limitation highlighted here .
40) Sheena was planning the next project of her company. She had time span of 30 days for this project. She estimated that around 10 days will be required in planning. She kept this big slot for planning, due to which of the following limitation of planning function?