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Tamil Nadu State Board · CLASS 12th · Commerce

TN State Board 12th Commerce Question Paper 2022

62 questions from this CLASS 12th Commerce paper. The first 5 questions are solved free; log in as a CLASS 12th student to view all solutions.

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Home / Previous Year Papers / CLASS 12th / Commerce / TN State Board 12th Commerce Question Paper 2022
Q1 mcq 1 mark
Dividing the work into small tasks is known as :
  • A. Division of work
  • B. Discipline
  • C. Equity
  • D. Unity
Correct Answer: A — Solution

Division of work is the principle where work is broken down into small, specialized tasks to increase efficiency. Discipline relates to obedience, Equity relates to fairness, and Unity relates to a unified direction/command, making (a) the only correct choice.

Q2 mcq 1 mark
Stock Exchanges are __________.
  • A. Protection to Investors
  • B. Facilities for speculation
  • C. Ready Market
  • D. All of the above
Correct Answer: D — Solution

Stock exchanges provide a ready market for securities (C), offer protection to investors through regulated trading (A), and provide a platform for speculation (B), therefore all of the above are correct.

Q3 mcq 1 mark
Human Resource Management is both __________.
  • A. Theory and Practice
  • B. History and Geography
  • C. Science and Art
  • D. None of the above
Correct Answer: C — Solution

Human Resource Management is considered a Science because it follows systematic principles and theories, and an Art because it involves the application of those principles to manage people effectively in real-world scenarios.

Q4 mcq 1 mark
Sale of Goods Act was passed in the year :
  • A. 1930
  • B. 1940
  • C. 1960
  • D. 1997
Correct Answer: A — Solution

The Sale of Goods Act, 1930 is the principal legislation in India that governs the sale of goods. The other years mentioned do not correspond to the enactment of this specific act.

Q5 mcq 1 mark
There are __________ stock exchanges in the country.
  • A. 20
  • B. 21
  • C. 25
  • D. 24
Correct Answer: D — Solution

Historically, as per standard Commerce textbooks for the Tamil Nadu State Board curriculum, there are 24 recognized stock exchanges in India.

Q6 mcq 1 mark
Which one of the market deals in the purchase and sale of shares and debentures ?
  • A. Local market
  • B. Stock exchange market
  • C. Family market
  • D. Manufactured goods market

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Q7 mcq 1 mark
Government securities are issued by agencies such as __________.
  • A. State Governments
  • B. Semi-Government authorities
  • C. Central Government
  • D. All of the above

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Q8 mcq 1 mark
Which meeting will be held once in the lifetime of the company ?
  • A. Extra-ordinary
  • B. Statutory
  • C. Class General
  • D. Annual General

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Q9 mcq 1 mark
Negotiable Instrument is :
  • A. Transferable
  • B. Title of the holder is free from all defects
  • C. (a) and (b) are correct
  • D. (a) and (b) are wrong

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Q10 mcq 1 mark
Entrepreneur is not classified as :
  • A. Employee
  • B. Risk Bearer
  • C. Organizer
  • D. Innovator

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Q11 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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Q12 mcq 1 mark
Capital market is a market for :
  • A. Long-term finance
  • B. Short-term finance
  • C. Both short-term and medium term finance
  • D. Medium term finance

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Q13 mcq 1 mark
Advertisement is a __________ source of recruitment.
  • A. agent
  • B. internal
  • C. outsourcing
  • D. external

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Q14 mcq 1 mark
A private company shall have a minimum of __________ Di rectors.
  • A. 3
  • B. 7
  • C. 2
  • D. 5

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Q15 mcq 1 mark
Who is supreme in the market ?
  • A. Wholesaler
  • B. Customer
  • C. Retailer
  • D. Seller

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Q16 mcq 1 mark
Management is what a __________ does.
  • A. Supervisor
  • B. Manager
  • C. Superior
  • D. Subordinate

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Q17 mcq 1 mark
Which of the following is not a main function of management ?
  • A. Organising
  • B. Decision-making
  • C. Staffing
  • D. Planning

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Q18 mcq 1 mark
The process of eliminating unsuitable candidates is called __________.
  • A. Interview
  • B. Selection
  • C. Induction
  • D. Recruitment

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Q19 mcq 1 mark
__________ is the result of New Industrial Policy which abolished the ‘License System’.
  • A. Privatisation
  • B. Liberalisation
  • C. Globalisation
  • D. None of these

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Q20 mcq 1 mark
The term ‘Consumerism’ came into existence in the year __________.
  • A. 1954
  • B. 1960
  • C. 1958
  • D. 1957

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Q21 short answer
What is management ?

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Q22 short answer
What is stock exchange ?

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Q23 short answer
Explain any two features of Human Resource Management .

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Q24 short answer
What is meant by Spot Market and Future Market ?

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Q25 short answer
Give four examples of adulteration.

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Q26 short answer
What is privatisation ?

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Q27 short answer
What is a contingent goods ?

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Q28 short answer
List any two challenges faced by the women entrepren eurs.

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Q29 short answer
Give a note on ‘Digital India’.

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Q30 short answer
List out the Key Managerial Personnel in a Company.

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Q31 short answer
Differentiate management from administration (any 3).

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Q32 short answer
What are the features of Treasury Bills ?

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Q33 short answer
Explain stag type of speculator.

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Q34 short answer
What is meant by job portals ?

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Q35 short answer
Write any three objectives of marketing.

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Q36 short answer
What do you understand by “Right to Redressal” ?

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Q37 short answer
Write a short note on New Economic Policy.

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Q38 short answer
What is meant by existing goods ?

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Q39 short answer
What is ‘Startup India’ ?

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Q40 long answer
India Tech public company issued equity shares and pref erence shares. After some years the company went into liquidation. Which t ype of shareholder will get their share capital first ? Explain.

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Q41 long answer
(a)Explain any five main functions of management. OR (b)Explain the impact of LPG on Indian Economy.

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Q42 long answer
(a)Differentiate between money market and capital market (any 5). OR (b)Distinguish between conditions and warranty.

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Q43 long answer
(a)Explain any five functions of Stock Exchange. OR (b)Explain any five kinds of Debentures.

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Q44 long answer
(a)Explain any five external sources of Recruitment. OR (b)Mention any five responsibilities of consumers.

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Q45 long answer
(a)Explain how traditional marketing differ from E-marketing. OR (b)Explain any five characteristics of an entrepreneur.

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Q46 long answer
(a)Explain any five roles of business in consumer protection. OR (b)Enumerate any five different kinds of Financial Market.

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Q47 long answer
(a)Explain the advantages and disadvantages of E-Marke ting. OR (b)Explain any five principles of modern management.

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Q48 long answer
(a)Explain any five main functions of management.

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Q49 long answer
(b)Explain the impact of LPG on Indian Economy.

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Q50 long answer
(a)Differentiate between money market and capital market (any 5).

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Q51 long answer
(b)Distinguish between conditions and warranty.

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Q52 long answer
(a)Explain any five functions of Stock Exchange.

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Q53 long answer
(b)Explain any five kinds of Debentures.

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Q54 long answer
(a)Explain any five external sources of Recruitment.

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Q55 long answer
(b)Mention any five responsibilities of consumers.

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Q56 long answer
(a)Explain how traditional marketing differ from E-marketing.

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Q57 long answer
(b)Explain any five characteristics of an entrepreneur.

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Q58 long answer
(a)Explain any five roles of business in consumer protection.

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Q59 long answer
(b)Enumerate any five different kinds of Financial Market.

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Q60 long answer
(a)Explain the advantages and disadvantages of E-Marketing.

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Q61 long answer
(b)Explain any five principles of modern management.

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Q62 mcq
Management is both __________.
  • A. Theory and Practice
  • B. History and Geography
  • C. Science and Art
  • D. None of the above

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