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XII – ISC [2021-2022] SUBJECT – COMMERCE MCQs - PAPER – 1

Quiz by Koel Kundu

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40 questions
Show answers
  • Q1

    1) Strengths is identified as:

    b. Consumer understanding

    d. Huge production

    a. A strong brand portfolio

    c. Distribution reach

    10s
  • Q2

    2) SWOT analysis is helpful in the___ of an effective strategy

    a. Formation

    d. Opportunity

    c. Systematic

    b. Threats

    10s
  • Q3

    3) The main components of micro environment

    c. Social value and attitudes

    b. Custom and traditions

    d. Cultural heritage

    a. The stage of economic growth

    10s
  • Q4

    4) Social environment component is:

    b. Economic policies

    d. Economic infrastructure

    c. Mobility of labour

    a. Economic planning system

    10s
  • Q5

    5)  “Business environment is the aggregate of all conditionsevents and influences that surround and affect the business organisation” saidby whom:

    d. Marshal

    c. Robbins

    b. Keith Davis

    a. Robert Albanese

    10s
  • Q6

    6) Legal environment is related to:

    a. Flexibility and adaptability of laws

    c. Education levels, awareness of rights, work ethic

    d. The political structure

    b. Relations of the country with other countries

    10s
  • Q7

    7) Liberalization means

    b. Liberating the industry, trade and economy from unwanted restrictions

    d. Reducing number of reserved industries from 17 to 8

    a. Free determination of interest rates

    c. Opening up of economy to the world by attaining international competitiveness

    10s
  • Q8

    8) Excess of current assets over current liabilities is

    d. Outstanding Capital

    a. Fixed Capital

    c. Cumulative Capital

    b. Net Working Capital

    10s
  • Q9

    9) Which card issued by the bank does not enjoy an overdraft facility?

    b. Credit Card

    d. PETROL UNIT CARD

    c. Bajaj Finance Card

    a. Debit card

    10s
  • Q10

    10) The full form of CBS is:

    a. Core Banking Solution

    c. Customer Banking Solution

    b. Centralised Banking Solution

    d. Credit Banking System

    10s
  • Q11

    11) Convertible Debentures:

    b. Cannot be converted into equity shares.

    a. Can be converted into equity shares.

    d. Have pre-emptive right.

    c. Can be transferred by mere delivery.

    10s
  • Q12

    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

    a. Capitalisation of Undistributed profit

    d. Retained Earnings.

    c. Right Shares

    b. Sweat Equity Shares

    10s
  • Q13

    13) Which shares are given to specified employees at a discount?

    b. ESOP

    c. Right Shares

    d. Bonus shares

    a. Sweat Equity Shares

    10s
  • Q14

    14) Which of the following is short term finance, not a bankcredit?

    d. Shares and debentures

    a. Cash credit

    b. Discounting a bill of exchange

    c. Bank overdraft

    10s
  • Q15

    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?

    c.₹ 1

    b. ₹ 50,000

    d.NO minimum limit

    a.₹ 10,000

    10s

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