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Tamil Nadu State Board · CLASS 12th · Commerce

TAMIL NADU STATE BOARD CLASS 12 COMMERCE 2021

79 questions from this CLASS 12th Commerce paper. Log in as a CLASS 12th student to view solutions.

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Q1 mcq 1 mark
Advertisement is a __________ source of recruitment.
  • A. Agent
  • B. Internal
  • C. Outsourcing
  • D. External

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Q2 mcq 1 mark
Human resource is a __________ asset.
  • A. Fixed
  • B. Tangible
  • C. Current
  • D. Intangible

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Q3 mcq 1 mark
New Economic Policy was introduced in the year __________.
  • A. 2013
  • B. 1980
  • C. 2015
  • D. 1991

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Q4 mcq 1 mark
Scientific management is developed by :
  • A. Mayo
  • B. Fayol
  • C. Jacob
  • D. Taylor

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Q5 mcq 1 mark
Who is the father of ‘Consumer Movement’ ?
  • A. Ralph Nader
  • B. Mahatma Gandhi
  • C. Jawaharlal Nehru
  • D. John F. Kennedy

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Q6 mcq 1 mark
A Public Company shall have a minimum of __________ Directors.
  • A. 3
  • B. 12
  • C. 2
  • D. 7

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Q7 mcq 1 mark
The purpose of an application blank is to gather information about the :
  • A. Questionnaire
  • B. Company
  • C. Competitors
  • D. Candidate

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Q8 mcq 1 mark
Which of the below constitutes the essential element of contract of sale ?
  • A. Transfer of property
  • B. Price
  • C. Two parties
  • D. All of the above

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Q9 mcq 1 mark
Which of the following is a factor of production ?
  • A. Labour
  • B. Entrepreneurship
  • C. Land
  • D. All of the above

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Q10 mcq 1 mark
The Spot market is classified on the basis of __________.
  • A. Regulation
  • B. Commodity
  • C. Time
  • D. Transaction

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Q11 mcq 1 mark
Management is an __________.
  • A. Art and Science
  • B. Art
  • C. Art or Science
  • D. Science

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Q12 mcq 1 mark
__________ is included in every managerial function.
  • A. Staffing
  • B. Co-ordinating
  • C. Organising
  • D. Controlling

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Q13 mcq 1 mark
The initial stage of Marketing System is __________.
  • A. Barter System
  • B. Monopoly System
  • C. Self producing
  • D. Exchange to Money

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Q14 mcq 1 mark
Negotiable Instrument Act was passed in the year __________.
  • A. 1994
  • B. 1981
  • C. 1818
  • D. 1881

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Q15 mcq 1 mark
How many times a security can be sold in a secondary market ?
  • A. Three times
  • B. Only one time
  • C. Multiple times
  • D. Two times

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Q16 mcq 1 mark
The shares which are offered first to the existing shareholder at free of cost is known as __________.
  • A. The Right Share
  • B. Bonus Share
  • C. Preference Share
  • D. Equity Share

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Q17 mcq 1 mark
The rules and regulations of Stock exchange is framed by __________.
  • A. SEBI
  • B. Reserve Bank
  • C. Bombay Stock Exchange
  • D. Central Government

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Q18 mcq 1 mark
Risk in the Money Market is __________.
  • A. Low Credit and Market Risk
  • B. High
  • C. Medium Risk
  • D. Market Risk

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Q19 mcq 1 mark
Jobbers transact in a stock exchange :
  • A. For other Brokers
  • B. For their Clients
  • C. For other Members
  • D. For their Own Transactions

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Q20 mcq 1 mark
The final aim of modern marketing is __________.
  • A. Consumer satisfaction
  • B. Maximum profit
  • C. Service to the society
  • D. Minimum profit

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Q21 short answer
Who is called a Broker ?

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Q22 short answer
What is promotion ?

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Q23 short answer
Give two examples of adulteration.

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Q24 short answer
What is meant by Negotiable Instrument ?

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Q25 short answer
List any two challenges faced by the women entrepreneurs.

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Q26 short answer
Give a note on ‘Digital India’.

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Q27 short answer
Who is whole time Director ?

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Q28 short answer
What is Market ?

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Q29 short answer
How is price decided in a Secondary Market ?

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Q30 short answer
What is Privatisation ?

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Q31 short answer
Define the term Management.

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Q32 short answer
What are the general features of Treasury Bills ?

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Q33 short answer
What is meant by artificial scarcity ?

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Q34 short answer
State any three characteristics of Human Resources.

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Q35 long answer
Explain in detail about Niche Marketing.

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Q36 long answer
Explain Bull type of speculator.

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Q37 short answer
What is existing goods ?

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Q38 short answer
When are alternative directors appointed ?

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Q39 short answer
What do you mean by Liberalisation ?

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Q40 short answer
Write any three differences between Entrepreneur and Manager.

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Q41 long answer
(a) Explain any five principles of modern management. OR (b) Write any five differences between the Money Market and Capital Market.

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Q42 long answer
(a) Explain advantages and disadvantages of E-Marketing . OR (b) What is the Recent trends in Recruitment ?

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Q43 long answer
(a) What are the responsibilities of Consumers ? OR (b) Discuss the role of Financial Market.

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Q44 long answer
(a) Narrate the Evolution of Marketing. OR (b) What are the essential elements of Contract of Sale ?

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Q45 long answer
(a) Explain any five functions of Management. OR (b) What are the objectives of Consumer Protection Act, 1986 ?

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Q46 long answer
(a) Explain any five functions of Stock Exchange. OR (b) What are the disadvantages of Liberalisation ?

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Q47 long answer
(a) Write any five differences between Debentures and Shares. OR (b) Explain in detail the Commercial Functions of an entrepreneur.

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Q48 long answer
Explain any five principles of modern management.

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Q49 long answer
Write any five differences between the Money Market and Capital Market.

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Q50 long answer
Explain advantages and disadvantages of E-Marketing.

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Q51 long answer
What is the Recent trends in Recruitment?

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Q52 long answer
What are the responsibilities of Consumers?

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Q53 long answer
Discuss the role of Financial Market.

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Q54 long answer
Narrate the Evolution of Marketing.

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Q55 long answer
What are the essential elements of Contract of Sale?

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Q56 long answer
Explain any five functions of Management.

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Q57 long answer
What are the objectives of Consumer Protection Act, 1986?

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Q58 long answer
Explain any five functions of Stock Exchange.

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Q59 long answer
What are the disadvantages of Liberalisation?

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Q60 long answer
Write any five differences between Debentures and Shares.

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Q61 long answer
Explain in detail the Commercial Functions of an entrepreneur.

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Q62 long answer
Management is an __________. (a)Art and Science (b)Art (c)Art or Science (d)Science

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Q63 long answer
__________ is included in every managerial function. (a)Staffing (b)Co-ordinating (c)Organising (d)Controlling

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Q64 long answer
Scientific management is developed by : (a)Mayo (b)Fayol (c)Jacob (d)Taylor

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Q65 long answer
Risk in the Money Market is __________. (a)Low Credit and Market Risk (b)High (c)Medium Risk (d)Market Risk

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Q66 long answer
The rules and regulations of Stock exchange is framed by __________. (a)SEBI (b)Reserve Bank (c)Bombay Stock Exchange (d)Central Government

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Q67 long answer
Jobbers transact in a stock exchange : (a)For other Brokers (b)For their Clients (c)For other Members (d)For their Own Transactions

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Q68 long answer
Human resource is a __________ asset. (a)Fixed (b)Tangible (c)Current (d)Intangible

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Q69 long answer
Advertisement is a __________ source of recruitment. (a)Agent (b)Internal (c)Outsourcing (d)External

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Q70 long answer
The purpose of an application blank is to gather information about the : (a)Questionnaire (b)Company (c)Competitors (d)Candidate

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Q71 long answer
The Spot market is classified on the basis of __________. (a)Regulation (b)Commodity (c)Time (d)Transaction

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Q72 long answer
The initial stage of Marketing System is __________. (a)Barter System (b)Monopoly System (c)Self producing (d)Exchange to Money

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Q73 long answer
Who is the father of ‘Consumer Movement’ ? (a)Ralph Nader (b)Mahatma Gandhi (c)Jawaharlal Nehru (d)John F. Kennedy

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Q74 long answer
The final aim of modern marketing is __________. (a)Consumer satisfaction (b)Maximum profit (c)Service to the society (d)Minimum profit

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Q75 long answer
New Economic Policy was introduced in the year __________. (a)2013 (b)1980 (c)2015 (d)1991

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Q76 long answer
Which of the below constitutes the essential element of contract of sale ? (a)Transfer of property (b)Price (c)Two parties (d)All of the above

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Q77 long answer
Which of the following is a factor of production ? (a)Labour (b)Entrepreneurship (c)Land (d)All of the above

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Q78 long answer
The shares which are offered first to the existing shareholder at free of cost is known as __________. (a)The Right Share (b)Bonus Share (c)Preference Share (d)Equity Share

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Q79 long answer
Negotiable Instrument Act was passed in the year __________. (a)1994 (b)1981 (c)1818 (d)1881

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