NEELAN MATRICULATION HIGHER SECONDARY SCHOOL

Unit Test
SUBJECT:- COMMERCE- TIME- 2.30 HOURS
GRADE -XI G3 & G4 Marks – 90

I Choose the correct answer 20 X 1 = 20

Q.1 Hindrance of place is removed by ______

a) Transport b) Warehouse c)Salesman d) Insurance

Q.2 Trade and Commerce was common to __________Dynasty?

a) Pallava b) Chola c) Panidya d) Chera

Q.3 Occupation of a Doctor is?

a) Employment b) Business c) Profession d) Sole Proprietor

Q.4 Activities undertaken out of love and affection or with social service motive are termed as:?

a) Economic activities b) Monetary activities c) Non Economic Activities d) Financial Activities

Q.5 Normally high level risk involved in?

a) Industry b) Commerce c) Trade d) All of the above

Q.6 The industries engaged in extraction of iron ore are known as

a) Construction Industries b)Manufacturing Industries c) Extraction Industries d) Genetic Industries

Q.7 From the following which one is Non-corporate form of business?

a) Joint stock company b) Sole trading business c) Government company d) Co-operatives

Q.8 Which is the oldest form of Business organization?

a) Sole proprietorship b) Partnership c) Co-operative Society d) Company

Q.9 Only the male members in the family get the right of inheritance by birth’ as per

a) Hindu Law b) Mitakshara Law c) Dayabhaga law d) None of these

Q.10 The firm of Hindu Undivided family is managed by whom?

a) Owner b) Karta c)Manager d) Partner

Q.11 A partnership is formed by ___________

a) agreement b) relationship among persons c) the direction of government d) Friendship

Q.12 Companies established as a result of a charter granted by the King or Queen of a country is called

a) Chartered companies b) Statutory companies c) Registered companies d) Foreign companies

 NEELAN MATRICULATION HIGHER SECONDARY SCHOOL
Unit Test
SUBJECT:- COMMERCE- TIME- 2.30 HOURS
GRADE -XI G3 & G4 Marks – 90

Q.13 Table A of the Companies Act is a _____

a) Model minutes book b) Model form of Balance Sheet c) Model of AOA d) Model of MOA

Q.14 Consumers Co-operation was first successful in ______

a) England b) USA c) Swiss d) India

Q.15 All co-operatives are established with

a) Philanthropic motive b) Service motive c) Profit motive d) Reform motive

Q.16 Membership in a co-operative organization is:

a) Not open to all b) Selective c) Open to all d) None of them

Q.17 The share capital of the government company must not be less than

a) 75% b) 60% c) 95% d) 51%

Q.18 The primary objective of the state enterprises is to ____

a) Earn profit b) Provide Employment c) Serve the People d) All the Above

Q.19 The Central bank of India is

a) PNB b) SBI c) ICICI d) RBI

Q.20 Bankers are not only dealers of money but also leaders in

a) Economic development b) Trade development c) Industry development d) Service development

II Very Short Answer Questions (Any 7, Question no.5 is mandatory) 7 X 2 = 14

Q. 1 What is meant by Barter System?

Q.2 What do you mean by Employment?

Q.3 What are the Corporate enterprises?

Q.4 Who is a Sleeping partner?

Q.5 What is meant by Limited liability?

Q.6 What is meant by Red-Tapism?
Q.7 Define a company.
Q.8 Write the meaning of Bank
 NEELAN MATRICULATION HIGHER SECONDARY SCHOOL
Unit Test
SUBJECT:- COMMERCE- TIME- 2.30 HOURS
GRADE -XI G3 & G4 Marks – 90

Q.9 Who is called Karta?

III Short Answer Questions: (Any 7 , Question no.8 Mandatory) 7 X 3 = 21

Q.1 What are the ports developed by Pandiya kingdom?

Q.2 Explain the classification of ‘Business’.

Q.3 Write a short note on Transportation.

Q.4 Explain the origin of RBI.

Q.5 What is meant by public corporation

Q.6 Write a note on Housing Co-operatives

Q.7 What is meant by Foreign Company?

Q.8 What is unlimited liability?

III Answer the following: 7X 5 = 35

Q.1 What are the hindrances of Commerce(Any 5)?

or

Explain the characteristics of Business (Any 5)

Q.2 Compare Industry, Commerce and Trade (Any 5)

Or

What are the disadvantages of Sole Trading business

Q.3 Write the procedure for registration of a firm (Any 5)

Or

What are the principles of co-operatives? (any 5)

Q.4 What are the features of Government Company (any 5)

Or

Briefly explain the coastal trade in ancient Tamilnadu

 NEELAN MATRICULATION HIGHER SECONDARY SCHOOL
Unit Test
SUBJECT:- COMMERCE- TIME- 2.30 HOURS
GRADE -XI G3 & G4 Marks – 90

Q.5 Compare business with profession and employment (any 5)

Or

Classify the various functions of Reserve Bank of India (any 5)

Q.6 What are the types of Co-operative society?

Or

What are the contents of Articles of Association?(any 5)

Q.7 Discuss the objectives of business.

Or

What are the advantages of co-operative society?(any 5)