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Tamil Nadu State Board · CLASS 12th · Commerce

TN State Board 12th Commerce Question Paper 2024

55 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 2024
Q1 mcq 1 mark
The one which does not include in the Internal Sources of recruitment process is :
  • A. Walkins
  • B. Promotion
  • C. Demotion
  • D. Job rotation
Correct Answer: A — Solution

Walk-ins are an external source of recruitment because they involve candidates from outside the organization approaching the company. Promotion, Demotion, and Job rotation are all internal recruitment methods as they involve existing employees within the organization.

Q2 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
Correct Answer: A — Solution

The Capital market is specifically designed for long-term finance (typically more than one year). The Money market is used for short-term and medium-term finance.

Q3 mcq 1 mark
The International Organisation of Consumer Union (IOCU) was first established in the year :
  • A. 1967
  • B. 1960
  • C. 1987
  • D. 1965
Correct Answer: B — Solution

The International Organisation of Consumer Unions (IOCU), now known as Consumers International, was established on 1 April 1960.

Q4 mcq 1 mark
Directors are __________ of the company’s money.
  • A. Agent
  • B. Banker
  • C. Trustees
  • D. Holder
Correct Answer: C — Solution

Directors are considered trustees of the company's money, property, and their powers because they must act in the best interest of the shareholders and the company as a whole.

Q5 mcq 1 mark
__________ is the King of Modern Marketing.
  • A. Producer
  • B. Consumer
  • C. Retailer
  • D. Wholesaler
Correct Answer: B — Solution

In modern marketing, the 'Consumer' is considered the king because all marketing activities revolve around satisfying the needs, wants, and demands of the consumer.

Q6 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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Q7 mcq 1 mark
Job first, man next is one of the principles of __________.
  • A. Training
  • B. Test
  • C. Placement
  • D. Interview

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Q8 mcq 1 mark
Sale of Goods Act was passed in the year :
  • A. 1930
  • B. 1940
  • C. 1960
  • D. 1997

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Q9 mcq 1 mark
When trainees are trained by Supervisor or trainer or Senior worker, it is called :
  • A. Role play
  • B. Vestibule training
  • C. Apprenticeship training
  • D. Refresher training

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Q10 mcq 1 mark
From the date of its incorporation the First Annual General Meeting is to be conducted within __________ months.
  • A. Eighteen
  • B. Twelve
  • C. Twenty one
  • D. Fifteen

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Q11 mcq 1 mark
The shares which are offered to the existing shareholder at free of cost is known as __________.
  • A. Right Shares
  • B. Bonus Shares
  • C. Preference Shares
  • D. Equity Shares

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Q12 mcq 1 mark
Which is the first step in the process of Management By Objectives ?
  • A. Matching resources with objectives
  • B. Fixing key result area
  • C. Defining organisational objectives
  • D. Appraisal of activities

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Q13 mcq 1 mark
The marketer initially wants to know in the marketing is __________.
  • A. Background of the customers
  • B. Qualification of the customers
  • C. Needs of the customers
  • D. Quality of the product

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Q14 mcq 1 mark
A Cheque will become stale after __________ months.
  • A. 5
  • B. 3
  • C. 7
  • D. 4

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Q15 mcq 1 mark
__________ is included in every managerial function.
  • A. Staffing
  • B. Co-ordinating
  • C. Organising
  • D. Controlling

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Q16 mcq
process of Management By Objectives ?
  • A. Matching resources with objectives
  • B. Fixing key result area
  • C. Defining organisational objectives
  • D. Appraisal of activities

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Q16 mcq
Find out the one which is not relevant to register the complaint in Consumer Court.
  • A. Complaint can be registered, in person by the complainant or by post or by his authorised agent.
  • B. Complaint must be registered within 6 months from the date of defect in goods or service.
  • C. It is not necessary to involve the advocates in lodging the complaint
  • D. Stamp paper is not required for declaration.

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Q17 mcq
__________ is designed to transform India to a Global design and manufacturing hub.
  • A. Startup India
  • B. Digital India
  • C. Design India
  • D. Make in India

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Q18 mcq
The two types of business environment are __________.
  • A. Good and Bad
  • B. Positive and Negative
  • C. Allowable and Unallowable
  • D. Internal and External

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Q19 mcq
Which one of the following is not classified into Managerial functions ?
  • A. Organising
  • B. Planning
  • C. Controlling
  • D. Marketing

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Q20 mcq
Which one of the following is not a characteristic of a Fabian Entrepreneur ?
  • A. Sceptical
  • B. Conservative
  • C. Adaptive
  • D. Risk averse

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Q21 short answer
List the subsidiary functions of Management.

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Q22 short answer
Who is a Consumer ?

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Q23 short answer
State the branches of New Economic Policy.

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Q24 short answer
Bring out the meaning of Management By Exception (MBE).

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Q25 short answer
What is a Contract of Sale of Goods ?

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Q26 short answer
Who are the participants in a Capital Market ?

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Q27 short answer
Write short notes on “Proxy”.

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Q28 short answer
What is meant by Stock Exchange ?

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Q29 short answer
What do you mean by Auctioning ?

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Q30 short answer
What kind of resolutions are required to implement the following decisions of a company ? (a)To change the objectives of the company. (b)To declare the dividends.

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Q31 short answer
Give the meaning of Financial Market.

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Q32 short answer
Define the term - ’Management.’

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Q33 short answer
What are the objectives of Marketing ?

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Q34 short answer
What are the characteristics of a Bill of Exchange ? (any 3)

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Q35 short answer
Who is a Shadow Director ?

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Q36 short answer
Distinguish between entrepreneur and manager. (any 3)

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Q37 short answer
What is meant by artificial scarcity ?

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Q38 short answer
State any three impacts of Globalisaton.

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Q39 short answer
What do you mean by Statutory Meeting ?

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Q40 short answer
Write any three of the expected questions that would be asked during your interview.

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Q42 long answer
Discuss the operative functions of HRM.

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Q43 long answer
Distinguish between New Issue Market and Secondary Market. (any 5)

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Q44 long answer
Explain the important methods of Interview. (any 5)

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Q45 long answer
What are the major advantages of Management By Objectives ? (any 5)

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Q46 long answer
Distinguish a Cheque and a Bill of Exchange. (any 5)

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Q47 long answer
Discuss the characteristics of a Capital Market.

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Q48 long answer
What are the characteristics of an entrepreneur ? (any 5)

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Q49 long answer
Discuss the role of macro-environment factors of business. (any 5)

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Q50 long answer
Differentiate between the Money Market and Capital Market. (any 5)

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Q51 long answer
What are the responsibilities of Consumers ? (any 5)

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Q52 long answer
Explain the powers of SEBI. (any 5)

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Q53 long answer
Write short notes on : (i)Digital India (ii)Startup India

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Q54 long answer
What are the differences between on the job training and off the job training ? (any 5)

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Q55 long answer
State the qualifications of Directors.

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