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Tamil Nadu State Board · CLASS 12th · Commerce

TN State Board 12th Commerce Question Paper 2026

56 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 2026
Q1 mcq 1 mark
Delegation of Authority is easily done with the help of ____________.
  • A. MBO
  • B. MBM
  • C. MBA
  • D. MBE
Correct Answer: A — Solution

MBO (Management by Objectives) helps in delegation of authority because duties and responsibilities are clearly assigned along with objectives to be achieved. Hence, delegation becomes easy under MBO. MBA is a degree, MBE is not relevant here, and MBM is not the correct concept.

Q2 mcq 1 mark
Participants in the capital market include :
  • A. Corporate
  • B. Financial Institutions
  • C. Individuals
  • D. All of the above
Correct Answer: D — Solution

Participants in the capital market include corporates, financial institutions, and individuals. Since all these are participants, the correct answer is All of the above.

Q3 mcq 1 mark
Scientific Management is developed by :
  • A. Mayo
  • B. Fayol
  • C. Jacob
  • D. Taylor
Correct Answer: D — Solution

Scientific Management was developed by Frederick Winslow Taylor. Hence, Taylor is the correct answer. Mayo is associated with Human Relations Theory, and Fayol is known for Administrative Theory.

Q4 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
Correct Answer: C — Solution

A security can be sold multiple times in the secondary market because trading takes place among investors after the initial issue. In contrast, the primary market is where a security is sold only once by the issuer.

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

There are 21 stock exchanges in the country. Therefore, option B is correct.

Q6 mcq 1 mark
____________ is the oldest Stock Exchange in the world.
  • A. National Stock Exchange
  • B. London Stock Exchange
  • C. Amsterdam Stock Exchange
  • D. Bombay Stock Exchange

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Q7 mcq 1 mark
Transfer is an ___________ Source of Recruitment.
  • A. External
  • B. Outsourcing
  • C. Internal
  • D. None of the above

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Q8 mcq 1 mark
Selection is usually considered as a __________ process.
  • A. Negative
  • B. Natural
  • C. Positive
  • D. None of these

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Q9 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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Q10 mcq 1 mark
The term Consumerism came into existence in the year ___________.
  • A. 1954
  • B. 1960
  • C. 1958
  • D. 1957

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Q11 mcq 1 mark
Which of the following is not a consumer right summed up by John F. Kennedy ?
  • A. Right to Consume
  • B. Right to Safety
  • C. Right to be Informed
  • D. Right to Choose

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Q12 mcq 1 mark
The two major types of business environment are ____________ and ___________.
  • A. Good and Bad
  • B. Positive and Negative
  • C. Allowable and Unallowable
  • D. Internal and External

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Q13 mcq 1 mark
___________ means permitting the private sector to set up industries which were previously reserved for public sector.
  • A. Globalisation
  • B. Liberalisation
  • C. Public Enterprise
  • D. Privatisation

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Q14 mcq 1 mark
Section ‘6’ of Negotiable Instruments Act 1881 deals with :
  • A. Bills of Exchange
  • B. Cheque
  • C. Promissory Note
  • D. None of the above

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Q15 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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Q16 mcq 1 mark
Which of the following functions is not classified into commercial function ?
  • A. Marketing function
  • B. Accounting function
  • C. Organising function
  • D. Finance function

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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
Which meeting is not classified as Share Holder’s Meeting under Companies Act 2013 ?
  • A. Annual General Meeting
  • B. Statutory Meeting
  • C. Extraordinary General Meeting
  • D. Committees Meeting

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Q19 mcq
Assertion : Consumer Protection Act was passed in the year 1986. Reason : This Act protects consumers against marketing of goods which are hazardous and dangerous to life and property of consumers.
  • A. Assertion and Reason both are correct and Reason is correct explanation.
  • B. Assertion is correct and Reason is wrong.
  • C. Assertion is wrong and Reason is correct.
  • D. Assertion and Reason both are wrong.

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Q20 mcq
Which one is the main element of marketing mix ?
  • A. Price
  • B. Product
  • C. Promotion
  • D. Place

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Q21 short answer
List out the management tools.

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Q22 short answer
What is Government Securities Market ?

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Q23 short answer
Write any two objectives of SEBI.

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Q24 short answer
State e-Learning method.

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Q25 short answer
What is green marketing ?

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Q26 short answer
Give any two advantages of Globalisation.

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Q27 short answer
Who is Agricultural Entrepreneur ?

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Q28 short answer
What is QUORUM ?

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Q29 short answer
What is your opinion about Unpaid seller ?

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Q30 short answer
What is Speculation ?

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Q31 short answer
How the employees are informed about important matters in a company ?

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Q32 short answer
What are the general features of a Treasury Bill ? (any three)

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Q33 short answer
What is meant by Dematerialization ?

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Q34 short answer
What is Stress Interview ?

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Q35 short answer
What are the advantages of E-marketing ?

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Q36 short answer
What are the important legislations related to Consumerism in India ? (any three)

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

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Q38 short answer
Explain about the imitative entrepreneur.

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Q39 short answer
What is meant by viral marketing ?

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Q40 short answer
List out Navratnas Companies. (any three)

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Q41 long answer 5 marks
(a)Explain the various functions of Management. (any 5) OR (b)Describe briefly the different types of Directors. (any 5)

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Q41 long answer 5 marks
Explain the various functions of Management. (any 5)

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Q41 long answer 5 marks
Describe briefly the different types of Directors. (any 5)

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Q42 long answer 5 marks
(a)Explain the micro environmental factors of business. (any 5) OR (b)Explain the functions of St

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Q42 long answer 5 marks
Explain the micro environmental factors of business. (any 5)

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Q42 long answer 5 marks
Explain the functions of Stock Exchange. (any 5)

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Q43 long answer
Describe the operative functions of HRM.

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Q43 long answer 5 marks
Discuss the challenges faced by Women entrepreneur. (any 5)

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Q44 long answer
How the market can be classified on the basis of Economics?

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Q44 long answer 5 marks
Explain the role of business in consumer protection. (any 5)

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Q45 long answer 5 marks
Explain the highlights of the LPG policy. (any 5)

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Q45 long answer
Explain in detail the essential elements of Contract of Sale.

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Q46 long answer
Write notes on : (i)Soft Commodities market. (ii)National Clearance and Depository System (NCDS).

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Q46 long answer
Enumerate the functions of Marketer.

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Q47 long answer 5 marks
What are the differences between Shares and Debentures? (any 5)

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Q47 long answer 5 marks
Explain the concept of Management. (any 5)

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